Cherokee Avenue Real Estate Auction - Gaffney, SC

Details

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BANK ORDERED AUCTION!!

4 Commercial Buildings on +/- 1.5 acres

+/- 2,600 – 10,025 S.F. Multi-Unit Comm. Retail

701-711 Cherokee Avenue, Gaffney, SC 29340

Thursday, February 22^nd, 2007

11:00 a.m. Registration 12 Noon Auction

Ø Cherokee County Tax Map #:099-06-00-50.0, -50.1, -51.0, -52.0

Ø + / - 250 feet of frontage on Cherokee Avenue

Ø Convenient to Downtown Gaffney, Hwy 29, and I-85

Ø 4 Buildings divided into a total of 6-7 sections each with its own entrance

Ø Many former uses (furniture store, movie rental store, dry cleaners, and a salon)

Ø GREAT RETAIL SPACES!! Come and bid YOUR PRICE on February 22^nd!!

Directions:

From Interstate-85, take exit 92 and travel approximately 1.4 miles on W Floyd Baker Blvd towards downtown Gaffney. Turn slightly left on W Fredrick Street and after ½ mile turn left onto Highway 29 (N Granard Street). Property will be located less than ½ mile on the left. For more detailed directions, please access Mapquest on this property’s link at www.LyonsGroupLLC.com.

Terms & Conditions:

An escrow deposit of 10% of the final contract price will be required in cash or good check on the day of the sale, balance is due at closing on or before Friday, March 23^rd, 2007. A 10% Buyers Premium will be added to the winning bid price to determine the final contract price paid by the purchaser. Purchaser pays for deed preparation, survey fee, and their portion of legal fees to close the sale. Property sells "as is, where is" with all faults and in its present condition with no warranty of any nature expressed or implied. Seller and Auction Company assume that the Purchaser has inspected the property prior to bidding and that it is suitable for his purposes. Property is subject to prior sale. Sale day announcements take precedence over this and any other information. Parcel Lot sizes are estimates. Refer to survey for exact acreage of each parcel. Auction company is not responsible for errors and omissions. This parcel is subject to prior sale. Auctioneer reserves the right to bid on this parcel during the auction.

Auction Terms

Terms & Conditions:

An escrow deposit of 10% of the final contract price will be required in cash or good check on the day of the sale, balance is due at closing on or before Friday, March 23^rd, 2007. A 10% Buyers Premium will be added to the winning bid price to determine the final contract price paid by the purchaser. Purchaser pays for deed preparation, survey fee, and their portion of legal fees to close the sale. Property sells "as is, where is" with all faults and in its present condition with no warranty of any nature expressed or implied. Seller and Auction Company assume that the Purchaser has inspected the property prior to bidding and that it is suitable for his purposes. Property is subject to prior sale. Sale day announcements take precedence over this and any other information. Parcel Lot sizes are estimates. Refer to survey for exact acreage of each parcel. Auction company is not responsible for errors and omissions. This parcel is subject to prior sale. Auctioneer reserves the right to bid on this parcel during the auction.

Directions/Map

Directions:

From Interstate-85, take exit 92 and travel approximately 1.4 miles on W Floyd Baker Blvd towards downtown Gaffney. Turn slightly left on W Fredrick Street and after ½ mile turn left onto Highway 29 (N Granard Street). Property will be located less than ½ mile on the left.


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