1: Commercial Corner Lot, Feed Mill Auction
POSSIBLE OWNER FINANCING....1.14 acre+- and 7,000 sq ft building located on corner of Alabama Highway 157 and Lauderdale County Road 8 in the Cloverdale community, North of Florence, Alabama. 157.11 feet of road frontage along Hwy 157 and 233 feet along Co Rd 8.
Property is adjacent to a Dollar General and has plenty of commercial potential.
The building was originally a feed mill and still has some of the original feed mixing equipment remaining. It has approximately 7,000 square feet under roof, including a full basement.
Lots of original doors, beams, and vintage equipment make this a unique property. Many restaurants, antique malls, art centers, recording studios and offices have refurbished these types of properties to utilize the nostalgic atmosphere.
This property will be offered On-Line and we will accept live bids starting at 2:00 On-site March 3rd at 2:00 PM.
Please view at your convenience or contact our office for a tour of the property.
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The following are the terms and conditions which apply specifically to this catalog:
Real estate - 10% down payment (escrow deposit) due from the winning bidder upon conclusion of auctions with closing within 30 days of contract date. Escrow monies to be deposited in our escrow account and held until closing. Patterson Properties and Auctions are agents for the seller unless otherwise noted. All property, real estate, items, equipment and merchandise are sold as-is, where-is unless otherwise noted. Seller is responsible for owners title insurance, pro-rate applicable taxes, pay off of any mortgage or debts owed on real estate, deed, and their attorney fees. Purchaser is responsible for any and all other closing fees.
10% buyers premium added to final bid to determine sale price.
Any and all defects known to the real estate or items and sold through Patterson Properties & Auctions will be disclosed to the buyers. All real estate to be transferred with a fee simple title.
Winning bidder is responsible for the personal property or equipment upon conclusion and end of each individual drop of the auctioneers hammer for on-site auctions.
For more information on how this affects you, please read our terms and conditions.
Property will sell with no contingencies, as-is, where-is.
Please have financing in place prior to bidding.
|Auction method:||Online + On-Site Event|
|Auction House||Patterson Properties & Auctions Inc.|