Lovingston Commercial Lots

Nelson Co., VA
Commercial
  • (4) lots totaling 1.25 acres on the corner of Tanbark Plaza and Main St just off US-29 in Lovingston
  • Zoned B1 Business
  • Public water and sewer
  • Nelson County tax parcels 58B-6-1,2,3, & 4
  • Total assessed value of $39,700
  • Bid live or bid online at bid.trfauctions.com

AGENT ON SITE (at 86 Tanbark Plaza)

  • Thu, Sept.17 from 12-2
  • Tue, Sept.22 from 12-2
  • or by appointment

DIRECTIONS

From Amherst, US-29N to Lovingston. R on Rt.1001 at Family Dollar. First L on Tanbark Plaza to lots on right.

REAL ESTATE AGENTS: 2% Commission Available. CLICK HERE to request a form to register your client(s).

TERM SUMMARY

5% deposit day of sale. Balance on or about 30 days. 5% buyer’s premium. Subject to approval by Seller. Click Terms tab above for complete terms and conditions.

Terms: Property sells "AS-IS, WHERE-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 11:30 AM day of sale. 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.