Valuable Real Estate For Sale @ Online Auction

Bidding Closes May 6, 2026 @ 1:00 PM

We are offering at online auction a convenience store located at 116 Clearfork Rd, Tazewell VA 24651. This property 0.27 +/- acres improved by a 1,500 sq ft commercial building built in 1980 and last used as a convenience store. This property sits at the intersection of Clearfork Rd and Burkes Garden Rd in the village of Gratton VA which is 6 miles east of Tazewell VA.

This is an excellent opportunity for someone with a vision for redevelopment or re-establishing a retail store serving the residents of Tazewell County. The closest convenience store is 5 miles away in Tazewell VA. In the other direction the closest store is 20 miles away in Rocky Gap VA. The fuel pumps are out of date and not currently operational but the underground fiberglass tanks and lines are in good condition with over $18,000 recently spent on new cathodic protection system. The 1,500 sq ft building was built in 1980 and could use some cosmetic updates. It sits on a 1,500 sq ft unfinished basement. It is served by county water. Traffic count is approximately 3,000 vehicles per day. 

This is not a foreclosure or tax sale. Our sellers have elected to use transparent and competitive bidding to establish the sales price of the property. Don't miss this great opportunity to buy this commercial property in Tazewell County VA.

All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid

The bidding for this property will close at 1:00 PM May 6, 2026 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.

This property is being offered in partnership with Twin City Auction Co and sold subject to seller confirmation with a starting bid of only $25,000

Property Tour: Tuesday April 28 @ 1PM, or at other dates and times by appointment. Please Call or Text Linford Berry (Auctioneer) - 540-476-3309 or Eric Crawford @ 304-320-5883 for more information or for an appointment to see the property.  

Property Highlights:

• 0.27 +/- Acre Corner Lot
• 1,500 Sq Ft Retail Building with 1,500 Sq Ft Unfinished Basement
• Frontage On Clearfork and Burkes Garden Rd
• New Cathodic Protection System Just Installed (March 2026)
• Underground Fiberglass Fuel Tanks In Good Condition - Above Ground Fuel Pumps Need To Be Updated Or Replaced
• 2,900 AADT
• No other Convenience Stores for Miles Around
• 2025 Tax Assessed Value $186,000

Additional Information, Photos, And Video Can Be Found At The Tab Or Dropdown Menu At The Top Of This Page or By Clicking The “Bid Online Now” Button.

Terms and Conditions:

• WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
• This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction. 
• Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).
• Payment Terms: Payment will be in the form of Cash or Cash Equivalent with a $10,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days of the auction.  Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.
• Financing can be obtained for the property, but the sale is not contingent upon obtaining financing.
• All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
• View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu at the top of the page under the photo.

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on May 5) buyers agent participation will be compensated. Click Here For Form