Real Estate Auction (Simmons)

Potential for your own business or as a income producing property in the heart of Bedford. Property #1: 1,600 Sq. Ft. Office Building built in 1988, designed for two tenants. Building offers two SEPARATE ENTRANCES, Baths, Heating and Cooling. Property lot size 50’ x 170’. Zoned B1 Limited Business / Enterprise Zone. This property is being sold in cooperation with DeWitt Real Estate. Property #2: 2,388 Sq. Ft. Single Family, Two Story Property Zoned B-1 with Enterprise Zone Incentives Available. -- Sale Date: Wednesday, January 23, 2019 @ 12:00 Noon. -- Sale Location: 318 W. Washington St., Bedford VA 24523. -- Sale Managers: George McDaniel (434) 546-9235 & Bill Bryant (434) 525-2991.  

Two properties offered separately!

Real Estate Auction (Simmons)

 

Sale Date: Wednesday, January 23, 2019 @ 12:00 Noon

Sale Location: 318 W. Washington St., Bedford VA 24523

 

OPPORTUNITY YOU DO NOT WANT TO MISS!

Potential for your own business or as a income producing property in the heart of Bedford.

 

Property #1: 1,600 Sq. Ft. Office Building built in 1988, designed for two tenants. Building offers two SEPARATE ENTRANCES, Baths, Heating and Cooling. 

 

TAX ASSESSED at $133,100.

 

Property lot size 50’ x 170’. Zoned B1 Limited Business / Enterprise Zone

This property is being sold in cooperation with DeWitt Real Estate.

 

Highest bid over $50,000 will be confirmed.

 

Property #2: 2,388 Sq. Ft. Single Family, Two Story Property Zoned B-1 with Enterprise Zone Incentives Available

 

TAX ASSESSED at $40,000.

 

Highest bid over $15,000 will be confirmed.

 

Directions: From Main St. turn onto South Bridge St. Then Right on West Washington St to property on the right.

 

Terms: 10% deposit on Real Estate on the day of the sale, balance due at closing within 30 days. Possession at closing. 10% Buyer’s Premium on Real Estate added to the high bids to determine final contract sales price. 

 

Preview Dates: Wednesday, January 9th & 16th 12:00-1:00PM

 

Sale Managers: George McDaniel (434) 546-9235 & Bill Bryant (434) 525-2991

 

Please visit the Economic Development web page for additional information regarding incentives associated with these properties: https://www.bedfordva.gov/160/Economic-Development

 

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10% deposit on Real Estate on the day of the sale, balance due at closing within 30 days. Possession at closing. 10% Buyer’s Premium on Real Estate added to the high bids to determine final contract sales price.