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Multi-Purpose Buildings for Sale in the Town of Floyd
This +/-0.343 acre property, consisting of 2 tax parcels, is being offered as a 1 offering. The property includes a town office, garage, storage building, and machine shed on one parcel (Tax Parcel: 55A2-1-M-23), and a town meeting hall and parking area on the other (Tax Parcel: 55A2-1-M-22).
The town hall, located at 134 Wilson St., is a 1,112 sq ft building originally used as a church, features carpet floors, a heat pump, brick exterior, shingle roof, and a full unfinished basement.
The town office, located at 138 Wilson St., features 828 sq ft with 2 office spaces, a foyer space, and a bathroom. It has a heat pump, drywall interior, carpet floors, brick and block exterior, tar and gravel roof, and town water and sewer. A double garage, adjoined to the town office, provides 1,044 sq ft of space with 2 garage doors and concrete floors. The garage is heated by a four-stair oil furnace. Above the garage is a workers lounge with a bathroom, lounge area, and storage. The property also features a 15x 22 ft outbuilding/storage shed and a large metal machine shed on a concrete slab.
Property fronts on Wilson St, Rick Lewis Way and Akers Street. The home in between the office building and machine shed (220 Akers St) is not included. Refer to map in bidder pack for exact property lines of property being offered. It appears that the singlewide mobile that fronts on Rick Lewis Way encroaches onto the subject property that is being sold.
Zoning: Property is zoned B1 – Central Business District. See the zoning map and zoning ordinances in bidder packet for more information.
Online Auction Ends Thursday, October 17th at 4 PM
134 & 138 Wilson St., Floyd, VA 24091
PREVIEW DATE: Friday, October 4th at 4 PM
CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com.
DIRECTIONS: From stoplight in the Town of Floyd take East Main St towards Roanoke. Turn right on Wilson St. Property is located on the right marked by signs.
BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.
SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.
BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.
PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.
TERMS AND CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before December 2nd, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on October 17th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at VAAuctionPro.com.
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