Tract 1: 22,875 Sq.Ft. Office Facility on 6 Acres
- Former primary office building for Shenandoah Valley Electric Cooperative
- Great location just 2mi from Bridgewater College, 7mi from James Madison University, and 1mi from I-81
- Built in 1989, the facility currently offers:
- over 40 offices plus additional cubicle / flex space
- spacious lobby and reception area
- professional wood panelled board room (36'x46') that can be partitioned
- 30'x60' secure computer operations center with raised electrical floor and halon fire suppression
- shipping and receiving area with loading dock and 8'x8' overhead door
- (3) storage vault rooms
- Plenty of electric power available. Back-up power is supplied by a Kohler diesel generator on an automatic transfer switch as well as battery back-up for critical areas
- Entire building is wet sprinkled
- HVAC is provided by an electric heat pump system
- Public water and sewer
- 6 acre landscaped campus with 90 asphalt parking spaces
- Located on Dinkel Ave just outside the town limits of Mount Crawford
- Zoned B1 General Business
- Remaining office furniture and equipment included
- Last listed for $3,600,000. Appraised Aug'16 for $3,470,000. Tax assessed at $3,155,600. Sells at auction to the highest bidder!
Tract 2: 3.51 Acre Corner on Main St (US-11)
- Prime development corner within the town limits of Mount Crawford
- Zoned R1 but ideal for residential or commercial development
- 443' of frontage on Main St
- 411' on Cantermill Lane
- Nice, level, and open lot that adjoins Tract 1
- Entrance off Main St
- Sidewalk along Main St
- Adjoins Saddlebrook Plantation subdivision
- Great location just 2 miles from Bridgewater College and 7 miles from James Madison University
- Public utilities available
- Appraised Aug'16 for $467,000. Tax assessed at $421,400. Sells at auction to the highest bidder!
DIRECTIONS TO PROPERTY
- From Harrisonburg: take I-81S 6mi to Exit 240 for VA-257W toward Mt Crawford. 1mi to US-11 stoplight. Continue straight to building on left just past Exxon.
For lot, turn left at stoplight to right into 2nd driveway. - From Staunton, take I-81N 14mi to Exit 240 for VA-257W toward Mt Crawford. 1mi to US-11 stoplight. Continue straight to building on left just past Exxon.
For lot, turn left at stoplight to right into 2nd driveway.
OPEN HOUSE DATES
- Thur, Jan.30 from 12-2PM
- Wed, Feb.5 from 12-2PM
- Tue, Feb.11 from 4-6PM
- Mon, Feb.17 from 12-2PM
- 11:30AM day of sale
- Call for private showings
- Agents call for showing instructions
DOWNLOADS
Terms: Property sells “AS-IS”, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30 AM day of sale. Deadline for online bidding registration is 5PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) will be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. We highly reccommend you or a representative attend the live auction or register to bid by phone. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: Properties will be offered individually and as a whole. Properties sell absolute to the highest bidder(s) at the conclusion of the live on-site auction.
Buyer’s Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
