664 Hunter St, Danville, VA 24541

Are you searching for your next commercial real estate investment in Danville, VA? Look no further than this multipurpose building! Imagine the possibilities, from a community room, commercial space, office space or event center!  The City of Danville is in Southside VA near the North Carolina and Virginia state lines. Properties are located just a few miles away from the new Caesars Virginia Casino location. The casino is set to open in late 2024. This is known as Offering #1. Online Auction Ends Wednesday, July 10th at 3 PM. This unique building, which was built in 1981, features a spacious, open floor plan on the main level. On the main level you will find 2 full commercial style bathrooms, a large kitchen with walk-in pantry, and a captivating great room with a wood burning fireplace. This level seamlessly extends to 2 expansive decks, ideal for outdoor entertaining. The partially finished basement offers even more space to sprawl out, with 2 full baths, 5 additional rooms, and another fireplace. Throughout the building you will find a mix of vinyl tile, carpet and concrete flooring. With a total of 7,968 sq ft, this makes for the perfect spot for gatherings or meetings. Building has a cinderblock foundation and is finished with a shingle roof and vinyl siding. The large, paved parking lot makes parking for large crowds a breeze! The building sits on +/- 14.6762 acres in the City of Danville, VA. It is surrounded by mature trees and Rutledy Creek which creates a serene, secluded atmosphere, while being close to all the amenities that the City of Danville has to offer. This versatile property is in good condition and is well-suited for meetings, events, or even commercial use. Property has 2 accesses. The main access is from Hunter St. and is paved from the new installed concrete bridge to parking lot. The second access is from Blue Jay St., and it is gravel. BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snippers" and encourages fair and impartial bidding from all participants. SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one offering will need to be the high bidder on all offerings desired. Each offering will stay open until all bidding is complete, and all offerings will close simultaneously. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer's Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer's premium = total purchase price of $110,000). Buyer's Premium is not due until closing. TERMS & CONDITIONS: 10% Buyer's Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 for Offering #1, and $1,000 for Offering #2 is required on the day of sale. Close on or before August 26th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 3 PM on July 10th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction.