Valuable Real Estate For Sale At Online Auction
Ending August 2, 2023 @ 1:00 PM

We are offering at online auction the real estate and improvements located at 124 W Craig St, Craigsville VA. This property is 0.49 +/- acres improved by a two bay car wash facility. Included in this auction is the equipment and spare parts for operating the car wash. This is the only car wash for over 20 miles in any direction. Don't miss your opportunity to own income producing real estate!

The car wash was built in 1993 and features two car wash bays with in floor drains and a vacuum station plus mechanical room. It is situated on Rt 42 which is the main highway through southwest Augusta county. It is on a corner lot with easy access through two paved entrances and well located in downtown Craigsville VA near other busy businesses. The car wash equipment is dated but functional and has recently been repaired. There are spare parts and machines in the mechanical room that are included in this auction. This property is served by town water and sewer facilities. With some upgrades and maintenance, this property could become a very lucrative business opportunity.

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM August 2, 2023 with a two minute auto extend.  This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property sells subject to seller confirmation with a starting bid of only $10,000

We Guarantee A Free And Clear Deed To The Property!

Property Tours: You are welcome to stop by and visit the property at any time. If you would like to inspect the mechanical room, please call Linford Berry at 540-476-3309 for an appointment.

Property Highlights:

• Corner Lot On Rt 42 and Cemetery Lane
• Operational Two Bay Car Wash
• Vacuum Station
• Excellent Income Producing Investment Opportunity
• Town Water and Sewer
• Propane Heat For Mechanical Room
• Over 20 Miles From The Nearest Car Wash In Any Direction.

Additional Information Can Be Found At The 'Documents' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind.  Seller does guarantee a free and clear deed to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.

Payment Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $5,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).
 

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on Tuesday August 1) buyers agent participation will be compensated.  (See Documents Tab For Form)