Act fast and secure your future investment. Join us at the auction!
Property Address: 7 River Lane Sperryville VA 22740
Off-site Bidding Location: Rappahannock Co Courthouse 238 Gay St Washington VA 22747
Date of Auction: Friday June 16, 2023
Time of Auction: 12PM
Sales Manager: Pete Ramsey 434-258-6611
Exterior Inspections Only
Take advantage of the chance to acquire a ~30K Sq Ft building on 3.35 acres at our foreclosure auction!
Currently utilized for retail, is adaptable for various uses such as storage, light manufacturing, or
even condos. Subject to Rappahanock Co. regulations.
For almost 85 years, 7 River Lane has been a significant establishment in Sperryville, starting as cold storage for apples to a cidery and evolving into retail space. The building's open floor plan creates numerous possibilities for reconfiguration.
The 3.35 acres is at the confluence of the Thornton River and the North Fork Thornton River.
• Ideal for weddings and other special events.
• Ample space for parking on the property.
• Tax assessment $879,800
Directions: From the intersection of US Rt 522 and Waterpenney Ln (Rt 1002) in Sperryville,
turn south onto Sons Ln and go 0.1 miles to River Ln. Turn right and go to the end of the road.
The building will be on the left.
Broker Participation: 2%, Brokers must register their clients no later than Thursday June 15 at 12:00pm. Please contact our office or the sales manager for additional details.
Terms and Conditions
A deposit of $35,000 or 10% of the high bid price in certified funds, whichever is less, is due on sale day. The balance is due at closing within 30 days of the auction date. Real estate taxes will be prorated as of the auction sale date.