Special Commissioners Auction 5 Smyth County Properties - Live & Online Bidding

Special Commissioners Auction 5 Smyth County Properties - Live & Online Bidding

SALES MANAGER: Dwight Counts 276-759-3444 dwight@countsauction.com SALES MANAGER:  Pete Ramsey - (434) 258-6611 pete@countsauction.com    
LIVE & ONLINE BIDDING
Image for 1038 North Main St., Marion, Virginia thumb
Image for 502, 502½, 504, 504½ Park Blvd., Marion - 917, 917½, 919, 919½ Sayer St., Marion thumb
Image for 502, 502½, 504, 504½ Park Blvd., Marion - 917, 917½, 919, 919½ Sayer St., Marion thumb
Image for 506 Park Blvd., Marion, Virginia thumb
Image for 1248 South Main Street, Marion, Virginia thumb
Image for 4692 Lee Hwy., 4690 Lee Hwy., Marion, Virginia thumb

Details

SPECIAL COMMISSIONERS AUCTION

Sells without Reserve, Subject to Court Approval

LIVE & ONLINE BIDDING AVAILABLE

5 Smyth County, Virginia Properties

Online bidding starts Tuesday, November 14th, 2023 and then live & online bidding begins Saturday, December 9, 2023 @ 10:00 A.M.

Auction conducted at Holston Hills Golf Course
1000 Country Club Road, Marion, Virginia 24354


Auction#1 - 1038 North Main St., Marion, Virginia
• 2.2 Acres (±) Fronting on North Main Street and Stage Street
• Currently Leased to Pizza Hut for $1,993/month with an option
to renew every 2 years. Lessee has first right of refusal to match
the high bid. Bid will be confirmed or denied within
30 days from day of auction.
• Zoned Commercial/General
• Great Investment Property
• Tax Map #s - 172-75-9, 172-75-9A, 172-75-10

Auction#2 - 502, 502½, 504, 504½ Park Blvd., Marion -
917, 917½, 919, 919½ Sayer St., Marion

• 8 Apartments
• Four 2 Bedroom, 1 Bath Apartments
• Four 1 Bedroom, 1 Bath Apartments
• Baseboard Heat
• We have no information on current rent generated. In 2015,
Apartments brought in $3,400 / month.
• Great Potential!

Auction#3 - 506 Park Blvd., Marion, Virginia
• 576 square foot Bungalow, 1 bedroom, 1 bath
• Metal Roof
• Heat Pump
• Garage basement


Auction#4 - 1248 South Main Street, Marion, Virginia
• Approximately 14,000 square foot building on .8 acres (±)
• Mix of Retail, Office, Garage, & Storage
• Lot of exposure on I-81
• Zoned Commercial
• Sits between Hwy. 11 & I-81

Needs work on roof / A portion of the building has been damaged by fire


Auction#5 - 4692 Lee Hwy., 4690 Lee Hwy., Marion, Virginia
• 1,300 square foot with 3 bedrooms, 1 bath
• Heat Pump
• Rock House
• Garage converted to Office/Storage

INSPECTION:  Exterior Inspections Only!  Use your own due diligence!  Drive by anytime!

Announcements made at live auction take precedence over all printed materials.

Terms and Conditions

This will be a Special Commissioner's Sale and all bids must be confirmed by the court.  All property will be sold as is, where is.

A 10% Buyers Premium will be added to the final high bids to determine contract price.  A 5% deposit from the high bidders due on sale day, balance due at closing within 30 days after court approval.

Successful online bidders will be required to submit a deposit and sign a contract within 48 hours of the auction.  

Taxes:  Prorated as of Closing date

Announcements made day of sale take precedence over all printed materials.