Property Details
Auction Event Details
For complete information you can download bidder packet here: Bidder Packet
There will be an auction of 1.5 Acres with a home and commercial building located in the Town of Floyd. The Auction will be live and online. Online bids may be placed prior to Auction and on the day of Auction. The Auction will take place at 10 AM on Saturday, October 8th. The Auction will be held at 509 East Main Street in Floyd, VA. A Description of each property being offered can be seen below. There will be 4 tracts offered and personal property. Real Estate will be sold first followed by personal property. Real Estate will be offered in individual tracts then offered in combination.Preview Date is Friday September 30th from 2-4 PM.
Terms and Conditions. For a full explanation of the Terms and Conditions for this Auction, you may download the Bidder Packet which also has property information, and maps. Real Estate will be sold Absolute regardless of price, which means there is no reserve. Winning bidder(s) will be required to make a 10% Earnest Money Deposit, Sign a Real Estate Purchase Contract, and Close on Property within 30 days. A 10% Buyer’s Premium will be added to winning bid(s) to arrive at final contract price. For Example, if a winning bid were $100,000 then the final contract price would be $110,000. Using the same example, $11,000 would be made for an Earnest Money Deposit.
Tract 1 - Tax Map # 55A2-1-T-1; Parking lot on the corner of Barberry Road and East Main Street; .231 Acres.
Tract 2 – (This Tract) Tax Map # 55A2-1-T-2; Woods Funeral Home on approximately .356 Acre; Brick Building with approximately 5,868 Square Feet built around 1940, building has a heat pump, sitting rooms, 1.5 baths on the main level, 2 bedrooms, kitchen, and bath in upstairs apartment, a partial basement, and three car attached garage. There is also another garage located aside the building. This building is located in the Town of Floyd and would be a good building for a restaurant, service business, and other commercial uses. Town Water and Sewer. Located at 509 East Main Street, Floyd VA.
Tract 3 – Tax Map # 55A2-1-T-3; 2,142 Square Feet, 2 Story Home on .483 Acre; Aluminum Siding, 2.5 Baths, 3 Bedrooms, built around 1900; This home would be a good rental property or commercial property. Town Water and Sewer. Located at 511 East Main Street, Floyd VA.
Tract 4 – Tax Map # 55A2-1-T-4A; .452 Acre Building Lot which fronts on Barberry Road.
Refer to survey for entire property layout. Property information such as Maps, Floorplan, Terms & Conditions, Zoning, Tax Cards, etc can be found in the bidder packet. Click Here to Download: BIDDER PACKET
For more information please contact Matt Gallimore – Broker/ Auctioneer or Mauyer Gallimore Broker / Auctioneer with United Country Blue Ridge Land and Auction.
Property Features
- Commercial Auction in Floyd VA
- Floyd VA Building for Sale
- Investment Potential in VA
- Floyd VA Commercial Auction
- Real Estate Auction in Floyd
- Business Building for Sale
- Commercial Building for Sale
- Call Matt at 540-239-2585
- Commercial Property
- Businesses for Sale
- Call Matthew (540) 745-2089
Property Details
Street Address:
509 East Main StreetCity:
FloydState:
VirginiaPostal Code:
24091Country:
United StatesCounty:
FloydListing ID:
45038-00172Courtesy of:
Blue Ridge Land and Auction Co., Inc. (45038)Videos
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