Auction Items For Sale
ABSOLUTE TRUSTEE AUCTION
Date of Auction: Friday, November 15th @ 12 PM
Preview Schedule: Thursday 10/31 and Thursday 11/7; 12 PM to 2 PM or by appointment
Address: 4919 & 4935 Catawba Rd, Troutville VA 24175
The auction will include two tracts of real estate and various commercial-grade kitchen equipment.
Tract 1) 4935 Catawba Rd
- 936 sq ft, 3 BR, 1 BA house on 0.21+/- acres.
- Eat-in kitchen, living room, and unfinished basement
- Heat pump supplies heat and air conditioning
Tax assessment = $72,300
Tax Map # 86-14
Tract 2) 4919 Catawba Rd
- 1,400 sq ft building on 1.66 acres, formerly used as Nannies Market convenience store
- Long road frontage on Catawba Rd
- The building has 2 bathrooms and a commercial kitchen area
- Large parking area (gravel and pavement)
- Three underground storage tanks on the property (two, 6,000-gallon steel tanks and one 4,000 gallon steel tank)
- Phase 1 study was completed in January, 2019. Contact Pete Ramsey for additional details.
- The property is great for a store, shop or office
Tax assessment $ 218,400
Tax Map #86-11B & #86-14A
Commercial Grade Kitchen Equipment
- Refrigerator, stove, exhaust hood plus many more items. All commercial grade.
Both tracts share a common septic system and well. There will be an easement in place prior to closing should there be different buyers of the tracts.
Sales Manager: Pete Ramsey 434-258-6611
Equipment Terms: 10% Buyers Premium added to high bid with payment by cash or good check. MUST be paid in full on auction day. All sales are final, and everything is being sold as-is, where is, without representation or warranty of any kind.
Real Estate Terms: 10% Buyer’s Premium added to the highest bid. A deposit in the amount of $10k in certified funds for each tract is due on the auction day with the balance of the purchase price due in 30 days. 2% Brokers Participation offered. The real estate is being sold as-is, where is, without representations or warranties of any kind.