PROPERTY LOCATION
4239 Boonsboro Rd, Lynchburg, VA 24503
AUCTION LOCATION
Live auction held off site at:
Homewood Suites by Hilton
4021 Wards Rd, Lynchburg, VA
Online and phone bidding also available.
Details
- Selling absolute to the highest bidder!
- Incredible opportunity in Boonsboro next to Peakland Crossing Shopping Center and Kroger
- This recently operating gas & service station was part of a bulk acquisition
- 1788 sq.ft. building built in 1960
- (4) gas pumps
- 2-bay service station with (2) 10'x10' overhead doors and a rotary lift
- 10'6" x 14' retail area
- Office
- (2) storage rooms
- (2) restrooms
- Pylon sign
- 0.315 acres with excellent visibility on Boonsboro Rd
- (2) parcels including Lynchburg Parcel ID 18412017 and 18412016
- Zoned B-3
DIRECTIONS TO PROPERTY
- From Lynchburg: Lynchburg Expressway/US-501N past US-221 intersection to LEFT on US-501N. 4.8mi to station on right.
- From Downtown Lynchburg: From Randolph College, 1mi on Rivermont Ave to keep straight onto Boonsboro Rd. 0.9mi on to station on left.
PREVIEW DATES
- Tuesday, July 29 from 3-5PM
- Friday, August 8 from Noon-1PM
- Thursday, August 14 from 3-5PM
- Other dates and times by appointment
- Agents - please call Mike 434-660-5159 or Micah 434-610-3182 to show.
TERMS SUMMARY
5% buyer's premium. 10% deposit due at auction. Closing on or about 30 days. Sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
or
Micah Torrence
(434) 610-3182
micah@trfauctions.com
Boonsboro Service Station, 652 Livestock Rd, Danville, VA 24540
Auction Site: TBA. Online bidding also available.
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: Property sells absolute to the highest bidder without minimums or reserves.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
