Commercial Real Estate Live Auction, April 9th @ 10am

Commercial Real Estate Auction

On-Site Auction | Thursday, April 9 at 10:00 AM

Blairs, Pittsylvania County, Virginia

Selling subject to owner confirmation

Opportunity to purchase three adjoining commercial offerings with frontage along US 29 Business southbound in Blairs, all zoned B-2 Business District. These parcels will be offered individually, then as a whole, with the sale awarded in the manner producing the highest overall bid.

Combined, the property totals 17.74 acres and includes vacant land, paved parking, office space, and automotive garage buildings formerly occupied by Semones Automotive.

Parcel 1 – Improved Commercial Property

Pittsylvania County Parcel #2421-70-5892

4.68 acres

This parcel offers frontage on US 29 Business and is improved with two commercial buildings and paved parking.

Building 1 – Office / Garage Building approx. 1,330 sq. ft., several offices, 3 bathrooms, cinder block construction, heat and air conditioning, glass storefront, rear 4-bay garage, includes integrated 80-gallon, 7.5 HP, two-stage air compressor - well & septic

Building 2 – Rear Garage Building approx. 8,000 sq. ft., cinder block construction, 10 garage bays, offices, 3 bathrooms w/ new toilets & one with a new utility sink, water filtration system, heat and air conditioning, well and septic - No A/C in Bldg 2 (body shop) Building 2 includes two old style paint booths. Bays include frame hooks in the floor.

Building 1 was formerly Semones Automotive and Building 1 & 2 were originally Burch Motors prior to Semones Automotive - This Real Estate offers a wide range of commercial or service-related possibilities.

Parcel 2 – 7.01 Acres

Pittsylvania County Parcel #2421-70-4575

This 7.01-acre parcel features long frontage on US 29 Business and includes a large paved parking lot. A billboard is presently located on this parcel. Seller has advised that the billboard company has been leasing the site, however no written lease agreement is available. Buyers should rely on their own due diligence regarding the status and terms, if any, of that occupancy.

Parcel 3 – Land Only

Sold as one unit consisting of two tax parcels:

Pittsylvania County Parcel #2421-70-2182 – 1.00 acre

Pittsylvania County Parcel #2421-70-2043 – 5.05 acres

These two adjoining parcels are being sold together. The 5.05-acre tract offers frontage on US 29 Business southbound, while the 1.00-acre tract has no road frontage and lies adjacent to it. Together, they provide a combined 6.05 acres of commercially zoned land.

Grouped Offering

After the individual parcels are offered, all three will be offered together as one combined tract totaling 17.74 acres. Because the parcels adjoin one another, this provides an excellent opportunity for buyers seeking a larger unified commercial holding. The final sale will be awarded based on the bidding method producing the highest total bid.

Preview / Inspection - Tuesday, April 7 | 1:00 PM to 2:00 PM

Auction Terms:

All Parcels sold subject to owner confirmation, sold as-is, with a 10% buyer’s premium. Successful approved buyer shall pay a 10% nonrefundable deposit on day of auction with cash, cashier's check or equivalent, balance due within 30 days at closing. Buyer shall be responsible for securing closing agent and paying associated closing costs. Announcements made day of sale take precedence over all prior advertising

Sale conducted by Steve Burke, auctioneer VAAL #2759, VAFL #871, NCAL #9321, NCFL #10110