PROPERTY LOCATION
1949 Thomson Dr
Lynchburg, VA 24501
AUCTION LOCATION
Live auction held on site. Online bidding available.
DETAILS
- Great location in Lynchburg's medical hub within walking distance to Centra General Hospital.
- Former dentist office ideal for professional or medical office.
- City of Lynchburg tax parcel 00605023
- 3,334 sq.ft. 2-story brick building (1,667 sq.ft. per floor) built in 1982
- Main level was previously used as a dental office with reception area, 4 exam rooms, 2 labs, 2 offices, and 3 restrooms (1 ADA)
- Lower level is mostly unfinished with 1 office and 1 restroom
- 225 amp 3-phase power
- 0.658 acre lot
- Zoned B1
- Upper and lower level parking
- Public water and sewer
- Located next to the Blackwater Creek Natural Area with Blackwater Creek trail access
- Previously listed for $315,000. Tax assessed at $299,900
AGENT ON SITE
- Tuesday, Nov.17 from 12-1PM
- Tuesday, Nov.24 from 12-1PM
- Monday, Nov.30 from 12-1PM
- Sale Day at 11:30AM
- Private showing other times by appointment
DIRECTIONS
- From Lynchburg Expressway (US-501 / US-29 Business), take exit 3 for Kemper St. 0.5mi to straight onto Park Ave. 0.2mi to traffic circle. Take first exit onto Langhorne Rd. 1mi to RIGHT on Atherholt Rd. First LEFT on Thomson Dr. 0.5mi to last building on left.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. High bid subject to approval by the U.S. Bankruptcy Court. Click on "Terms" tab for full terms and conditions.
REAL ESTATE AGENTS: 2% Commission Available. CLICK HERE to download the registration form.
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 Special 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. 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 subject to approval by the U.S. Bankruptcy Court.
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 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.
