Property Details: Past Sales Description: former Gallahan`s Furniture

Property Details: Past Sales
Description: former Gallahan's Furniture
Address: 9400 Market Street, Fredericksburg, Virginia
Price: $
Type: Office | Retail | Investment |
Size: 81,870 sf
Date Sold: not available
TRUSTEE FORECLOSURE AUCTION
AUCTION: WEDNESDAY,
SEPTEMBER 30
AT 12:00 NOON ON SITE
Previews by appointment only
Former Gallahan's Furniture
Fredericksburg, Virginia
9400 Market Street
Fredericksburg, Virginia
81,870 sf Retail/Office Complex
-Zoned: C-2 - Commercial District
-Land Area: 4.66 acres
-Building Size: 81,870 sf
-Year Built: 2001
-Building entrance: includes a two-story open atrium with 28' ceiling
heights
-Foundation: reinforced concrete slab - exterior precast concrete
-Roof: steel framing covered with rubber membrane
-Loading docks: (2) 8' x 8'
-3,500lb Capacity elevator and two sets of stairs - one open stairwell
-Interior finish: painted drywall; ceilings- suspended acoustic tile and
exposed metal; floors- decorative tile, carpet and hardwood; lighting fluorescent and accent; six restrooms and two kitchens
-Area is separated for: showrooms, offices, conference rooms, etc.
-Sprinkled: fully wet sprinkled
-HVAC: 100% combination gas/electric system with 12 roof-top mounted
units
-168 Parking Spaces
Plans and Drawings available upon request:
Professionally engineered and designed by Dewberry & Davis,
Fredericksburg, Virginia
Architects: Hayes/Howell, High Point, North Carolina
Tax Assessed Value: $9,661,000.00
Basic Terms and Conditions:
1. REGISTRATION: Bids accepted only from registered bidders. Bring
driver's license for identification.
2. DEPOSIT: Each successful bidder will sign a Foreclosure Sale
Agreement immediately following the falling of the hammer, and place a
deposit of 10% of the high bid in the form of a Cashier's Check, to be held
by the Substitute Trustee and will be applied to the purchase at closing.
The deposits are non-refundable.
3. CLOSING: Closing to take place within 30 days of sale - time will be of
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the essence.
4. DEED: Property to be conveyed by Special Warranty Deed. Property
being sold by Substitute Trustee, pursuant to terms of Deed of Trust.
Trustee retains the right to cancel sale or reject all bids at any time prior
to the hammer falling on the final bid.
5. "AS-IS", "WHERE-IS": All properties will be sold "AS-IS",
"WHERE-IS". Potential Buyers must perform such independent
investigations with respect to property as they deem necessary to verify
information provided by Auction Company or Substitute Trustee.
6. ANNOUNCEMENTS: Announcements made on the day of sale take
precedence over all prior releases, both verbal and written, concerning
this sale or properties.
7. WARRANTY: All information provided by Auction Company and
Substitute Trustee is deemed reliable but is not warranted. The
information contained in this brochure and any advertisements by Auction
Company or Substitute Trustee are subject to verification by all parties
relying on it. No liability for its accuracy, error or omission is assumed by
the Auction Company and Substitute Trustee.
8. REPRESENTATION: Auction Company and its representatives
represent the Seller.
9. BUYER'S PREMIUM: There is a 5% Buyer's Premium in effect on day
of sale. The Buyer's Premium is added to the high bid amount, to
determine the Contract Sales Price.
10. BID INCREMENTS: Auctioneer reserves the right to set bid
increments.
(Information deemed reliable but not guaranteed.)
For More Information Please contact our office at: (540) 344-6160
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