Details
Live & online bidding
AUCTION DATE: online bidding begins Monday, March 30, 2026 @ 9:00 am with simultaneous live bidding Thursday, April 30, 2026 @ 12:00 noon
PROPERTY LOCATION:
7 River Lane, Sperryville, VA 22740
County: Rappahannock
LOCATION OF AUCTION: LIVE AND ONLINE BIDDING!
Live in person bidding at Washington Volunteer Fire Dept., 10 Firehouse Lane, Washington, VA 22747 along with simultaneous online bidding.
PREVIEW DATES: No previews scheduled, drive by inspections only. Contact the sales manager for more information.
SALES MANAGER:
Pete Ramsey - 434-258-6611 - pete@countsauction.com
Property Overview:
What's selling:
A 30,000’ building on 3.35 acres. The building currently is used for retail space containing an antique furniture store and a brewery. The property is at the confluence of the North Fork Thornton River and the Thornton River. This creates a park-like setting which could be used for outdoor events. There is plenty of parking. Tax Maps #38-85A and 38-88
The tax assessment is $970,600.
Contact Information:
For more details, please reach out to our sales manager:
- Pete Ramey: 434-258-6611 pete@countsauction.com
Directions:
From the intersection of US Rt 522 and Waterpenny Ln (Rt 1002) in Sperryville, turn south onto Sons Ln and go 0.1 miles to River Ln. Turn right onto River Ln and go to the end of the road. The building will be on the left.
Broker participation is available, contact the sales manager for more details: Pete Ramsey 434-258-6611 pete@countsauction.com
Buyer's Premium: 10%
Terms: A deposit of $15,000 in certified funds will be due on day of foreclosure sale if bidding in person. If bidding online, a deposit of $15,000 in wire transfer or certified funds will be due no later than Wednesday April 29, 2026. Online bidders will send their deposits to The Counts Realty & Auction Group. The high bidder will be required to increase the deposit to an amount equal to 10% of the high bid within 3 business days of the sale date. This additional deposit will be wired directly to the Trustee. Online bidders who are not the high bidder will have their deposit returned to them promptly after the sale date.
Terms and Conditions
Terms & Conditions:
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $15,000.00 in certified funds will be due on day of foreclosure sale if bidding in person and will be held by the Trustee. If bidding online, a deposit of $15,000.00 in wire transfer or certified funds will be due no later than Wednesday, April 29, 2026. Online bidders will send their deposits to The Counts Realty & Auction Group. The high bidder will be required to increase the deposit to an amount equal to 10% of the high bid within 3 business days of the sale date. This additional deposit will be wired directly to the Trustee. Online bidders who are not the high bidder will have their deposit returned to them promptly after the sale date. The balance of the contract purchase price will be due at closing within 30 days of the auction sale date, time being of the essence. If the highest bidder does not make timely payment of the deposit or refuses to execute the Memorandum of Sale (to be provided by Seller and as approved by Bank and Auctioneer), the foreclosure sale shall be made to the next highest bidder willing to satisfy these the terms and conditions, subject to approval of Bank and Seller. The terms may be modified at the time of the Foreclosure Sale by the Seller. The high bidder will be required to sign a contract the day of the sale and pay the deposit. NOTE: By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.
Due Diligence: Any reliance on the content of information provided shall be solely at the recipient's risk. All information is believed to be correct but is not guaranteed. Bidders must conduct and rely solely upon their own due diligence. The property is being sold "AS-IS" with all faults.
Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.
Acceptance of the terms is acknowledged by placing a bid.
