Valuable Real Estate For Sale At Online Auction
Ending January 27, 2022 @ 1:00 PM

In partnership with Lee & Associates Commercial Real Estate Brokerage, we are offering a 0.34 +/- acre building lot in the City of Staunton VA.  This is an incredible opportunity for investors, developers, or builders. This property is zoned R3 Multi-Family. Three combined lots totaling 0.34+/- acre are selling in one tract to the highest bidder regardless of price.  Don't let this opportunity get away!

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Details and To Bid.

Property Highlights:

• Wooded acreage in historic Staunton VA
• Zoned R-3 Multi-Family Residential
• Excellent investment and development opportunity
• Located at the end of a quiet dead end street
• City water and sewer lines at the corner of the property
• Existing street access from Birch Street

Additional Information Can Be Found At The 'Documents' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

This property consists of three individual lots being sold in one tract to the highest bidder regardless of price with a starting bid of only $1,000.

The bidding will close at 1:00 PM January 27, 2022 with a two minute auto extend. This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes. 

Property Tours: Property tours are available by appointment. Please Call Linford Berry (Auctioneer) at 540-476-3309 or Trevor Crider (Realtor) 540-820-5607 for more information or for an appointment.

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind. Seller guarantees clear title to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections and other due diligence must be performed prior to the close of the auction.

Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $1,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) along with a signed contract, and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a $10,000 bid would have a buyers premium of $1,000 added for a total purchase price of $11,000).

Buyers Realtor Representation: Preapproved (No later than 5:00 PM on January 26, 2022) buyers broker participation will be compensated. Twenty percent (20%) of the buyers premium will be paid to a qualified licensed real estate agent whose registered buyer's offer is accepted by the seller and who closes on the property.  Please click on the documents tab to download a Realtor Representation Form.