14,750sf Former Grocery Store

Description

ABSOLUTE AUCTION – The property is a 14,752±sf one story commercial building, formerly used as a Twitty’s supermarket. Racks, shelves, and storage system are all in place. The property consists of ample parking and can be positioned for many different uses. The town of Grottoes is conveniently located between the city of Harrisonburg and the city of Staunton connected by Interstate 81 and Route 11. The town continues to successfully grow. In 2010, the town had approved developments for 167 single family homes, 53 duplexes and 100 townhouses located on the northern edge of Grottoes.

Terms & Conditions

  • Buyers Premium: 10% Buyers Premium based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $10,000 deposit due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

* Requires confirmation of Online Agreement

  • Buyers Premium: 10% Buyers Premium based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $10,000 deposit due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Auction Info:

  • Sold
  • Property Type
    Commercial
  • Property Location
    400 Augusta Avenue
    Grottoes, VA 24441
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267