PROPERTY LOCATION
E Main St
Radford, VA 24141
AUCTION LOCATION
Live auction held off site at:
The Highlander Hotel
604 Tyler Ave, Radford, VA 24141
Online and phone bidding also available
DETAILS
- Great commercial land opportunity on E Main St near Radford University!
- 1.534 acres consisting of 2 adjacent parcels
- Public water and sewer
- Blocks from Radford University
- Offered in 2 Tracts and As A Whole
Tract 1
- 1.0 acre
- Radford City tax parcel 4-(1)-1B
- Zoned B-2
- Adjacent to Crossfit (114 E Main St)
- 361' of frontage on E Main St
- Tax assessed at $130,700
Tract 2
- 0.534 acres
- Radford City tax parcel 4-(1)-1
- Zoned B-2
- 467' of frontage on E Main St
- Commercial billboard leased for $1,000 per year
- Gravel pull off area
- Tax assessed at $34,900
GREAT LOCATION
- Blocks from the campus of Radford University
- Close to the New River
- 4.5 miles from I-81
- 7 miles from Christiansburg
- 7 miles from the Pete Dye River Course (golf)
- 15 miles from Virginia Tech campus
- 40 minutes from Roanoke
PREVIEW DATES
- Fri, Oct.25 from Noon-1PM
- Day of sale from 10AM-11AM
- Self-guided tours ok anytime during daylight hours
DIRECTIONS TO PROPERTY
- From Roanoke: I-81S 34mi to exit 109 for VA-177N toward Radford. 3.4mi to RIGHT on Jefferson St. 0.4mi to RIGHT on E Main St. 0.7mi to property on left (just after 114 E Main).
REAL ESTATE AGENTS
2% commission available. Call or email micah@trfauctions.com for registration form.
TERMS SUMMARY
10% buyer's premium. 10% deposit due day of sale by cash or good check. Closing on or about 30 days. High Bid subject to seller confirmation. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
Radford Lots on E Main St
Auction Site: The Highlander Hotel, 604 Tyler Ave, Radford, VA 24141
Terms: Property sells "AS-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 Special Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may 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. 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: High bid(s) subject to approval by Seller.
Buyer's Premium: A 10% 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 so it is received 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.
