PROPERTY LOCATION
116 Magnolia Dr, Danville, VA 24541
AUCTION LOCATION
116 Magnolia Dr, Danville, VA
Live, Online, and Phone bidding available
DETAILS
- Nice office building located just off W Main St near Caesar's Casino
- 2,934 sq.ft. office facility formerly used as a medical services office
- Nicely finished interior with reception area, glass offices, conference room, kitchenette, and 2 restrooms
- Paved parking lot
- Pylon for sign
- 0.41 acre lot zoned NC Neighborhood Retail Commercial
- Great location across from Ballou Park between Caesar's Casino and Averett University
- Half mile from Caesar's Casino
- Half mile from Averett University
- City of Danville Parcel ID 23864
DIRECTIONS TO PROPERTY
- From US-58/US-29 South of Danville, take the exit for US-29N Business / W Main St toward Danville. 2.3mi to bear RIGHT to stay on W Main St. 0.8mi to Caesar's Casino and continue 0.5mi to LEFT on Magnolia. 1st office on right.
AGENT ON SITE
- Thur, June 4 from Noon-2pm
- Wed, June 10 from 4-6pm
- Mon, June 15 from Noon-2pm
- Private showings by appointment. Call 434-847-7741
- Agents. Call to show. Lockbox available.
TERMS SUMMARY
5% buyer's premium. 10% deposit due at auction. Closing on or about 30 days. High bid subject to approval by Seller. 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
Micah Torrence
(434) 610-3182
micah@trfauctions.com
116 Magnolia Dr, Danville, VA
Auction Site: 116 Magnolia Dr, Danville, VA. 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: High bid subject to approval by Seller.
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.
