REAL ESTATE AUCTION: 4 PROPERTIES
DATE: Saturday, April 27, 2019
AUCTION SALE SITE: 2565 E Lynchburg Salem Turnpike, Bedford VA
Tract 1: Ole Turnpike Dr
3+/- Vacant Acre Commercial Lot located near the VA State Police Headquarters and Super 8 Hotel in Bedford, off of Rt 460 West. Property joins the Blue Ridge Dialysis Center; 230’ road frontage on Ole Turnpike Dr and 530’ road frontage on Mason Street. Property has water and sewer availability.
NOTE: Off-site auction location for this property ONLY. The auction for this property will be held at 2565 E Lynchburg Salem Turnpike, Bedford VA.
Tract 2: 2565 E Lynchburg Salem Turnpike, Bedford VA 24523
3 Parcels are as follows:
- Parcel A: 9+/- acres with 300’ road frontage on Rt 460
- Parcel B: 9+/- acres with 250’ road frontage on Rt 460 and access from Old Oak Lane
- Parcel C: 3+/- acres with vacant 2,506 sq. ft. house (in need of restoration), 440’ road frontage on Rt 460
There is a total reserve of $75,000 for all three parcels.
AUCTION SITE DIRECTIONS: From Bedford take Rt 460 E 1-mile past Lowes to the property on the right.
PREVIEW DATES: Tract 1 - Ole Turnpike Dr: Sat 4/13 & Sat 4/20; 10AM to 11AM
Tract 2 - 2565 E Lynchburg Salem TKP: Sat 4/13 & Sat 4/20; 11AM to 12PM
TERMS: 10% deposit due on the day of the auction, balance due at closing within 30 days Possession at closing. 5% Buyer’s Premium added to the high bids to determine final contract sales price.
SALE MANAGER: George McDaniel 434-546-9235 or Bill Bryant 434-525-2991