ABSOLUTE REAL ESTATE AUCTION/176 TUCKER STREET, GATE CITY, VIRGINIA 24251, THE DAVID D. MINNICH ESTATE, 8 LOTS TO BE OFFERED IN LOTS, GROUPS OF LOTS AND AS A WHOLE WITH A 5% RAISE, TO THE PUBLIC, SELLING TO THE HIGHEST BIDDER, REGARDLESS OF PRICE, NO MINIMUM, NO RESERVE!! SATURDAY, APRIL 8TH, 2023 @ 10:00 A.M.
REAL ESTATE DESCRIPTION: The property fronts Tucker Street and consists of 8 25′ lots that have a store front for multi[le business use plus a loft with a couple of apartments that need some updating but could be rather speculative from a rental standpoint. Also there is frontage on a rear alley for access to a lower lever lot(s) that have a metal double detached garage to compliment storage. This is a great investment type property and is waiting for your private viewing. Call Auctioneer, Joe Johnson f@ 423-677-23or your appointment to view this property prior to sale and the property will by open from 9:00 AM Sale Day until Auction Sale Time.
TERMS OF SALE: 10% of final sales price sale day to be deposited into our Auction Escrow Acct. with the balance to be paid on or about 30 days from date of sale. NO BUYER’S PREMIUM WILL BE CHARGED ON THIS REAL ESTATE AUCTION.
BROKER PARTICIPATION FEE-We will offer a 25% Broker Participation Fee on the buying side of the transaction to any Agent/Broker who registers their buyer on our referral form 24 hours prior to the sale and that bidder is the top bidder sale day and the transaction closes