SAT. MAY 19, 2012 @ 10 A.M. – COMMERCIAL PROPERTY / BUILDING ZONED B1 – 274 N. GRAHAM HOPEDALE RD. BURLINGTON, NC 27217

REAL ESTATE – COMMERCIAL PROPERTY ZONED B1

274 NORTH GRAHAM HOPEDALE ROAD

BURLINGTON NC 27217

SATURDAY, MAY 19, 2012

INVESTORS, SPECULATORS, BUSINESS INTERESTS, PAY ATTENTION TO THIS AUCTION IN BURLINGTON NC.  TWO STORY BRICK BUILDING WITH PARTIAL BASEMENT.  APPROXIMATELY 5959 SQ FT WITH HEAT AND CENTRAL AIR.  THE FIRST FLOOR IS CURRENTLY BEING OPERATED AS A RESTAURANT.  ALL RESTAURANT EQUIPMENT WILL REMAIN IN THE BUILDING AND BE CONVEYED WITH THE REAL ESTATE.  GOOD LOCATION JUST ONE BLOCK FROM NORTH CHURCH STREET NEAR WAL MART.  THE SECOND FLOOR AREA HAS A SEPARATE ENTRANCE FROM THE MAIN STREET LEVEL.

BROKER PARTICIPATION IS WELCOME.  CONTACT THE AUCTION COMPANY TO REGISTER YOUR BUYER PRIOR TO THE AUCTION.  THE PROPERTY IS LISTED UNDER BURLINGTON ALAMANCE MLS #75691.

GIVE US A CALL AT 336-263-3957 TO SCHEDULE A SHOWING OF THE PROPERTY PRIOR TO THE AUCTION.

DIRECTIONS:  FROM NORTH CHURCH ST IN BURLINGTON, TURN LEFT ON NORTH GRAHAM HOPEDALE ROAD.  PROPERTY LOCATED ON THE LEFT, ONE BLOCK FROM INTERSECTION.  WATCH FOR SIGN. 

TERMS:  The Real Estate and conveyed equipment is being sold in “As Is” condition without warranty, either expressed or implied.  The property is being sold subject to owner confirmation but will not be left open for any upset bid period, the sale will be confirmed or not on sale day.  A 5 percent buyers premium will apply and will be added to the final bid price and shown in the total on the Offer to Purchase and Contract.  The successful bidder will pay a $10,000.00 non-refundable, earnest money deposit upon the confirmation of the bid price.  Any inspections of the property will be the responsibility of the buyer.  The Auction Company has relied on sources deemed reliable for all information but makes no further guarantees regarding the property.  The property will be conveyed by a General Warranty Deed.  The Auction Company will reserve the right to accept offers prior to the auction.

PARK AUCTION AND REALTY

GRAHAM NC

PHONE:  336-263-3957

AUCTIONEERS/BROKERS/REALTORS

NCAFL# 8834