Commercial Real Estate Auction 200 Oakland Street Lowell, NC 28098
Online bidding ends Wednesday, September 3rd at 2:00pm! *** Go to McLeanbid.com bid your price***
5,400 sq.ft. metal & brick structure on 1.82 acre lot
Income producing (currently rented $3,400/month)
Large corner lot with room to expand!
Unique opportunity to acquire a valuable asset in a highly sought-after location.
The property features a 5,400 sq.ft. metal and brick structure situated on a 1.82-acre lot. Currently generating an income of $3,400 per month, this income-producing property offers significant potential for expansion on its large corner lot.
Strategically located just off Highway 7, between Ranlo and Lowell, this property provides easy access to major highways, including I-85 and Highway 74. The demand for warehouse space in this area is high, making this an excellent investment opportunity.
Interested parties are welcome to preview and inspect the property by contacting the Auctioneer at 704-865-9524. Don't miss your chance to invest in this prime commercial property.
Terms: A deposit of $10,000 is required as an earnest money deposit in the form of cash, personal check, certified check or wire transfer. The earnest money deposit is a credit towards the purchase price only at closing and is due immediately after confirmation that your bid has been accepted with time being of the essence. The balance of the contract purchase price is due at closing, which shall be in thirty days to no more than thirty-seven days per contract or upon delivery of the deed. In the event the Seller cannot produce a deed with an insurable title, the earnest money deposit will be refunded to the Buyer. Closing will be as specified in the Auction Purchase Contract. Conventional financing is welcome, however, the auction sales contract is not contingent on or subject to financing, appraisal, survey or inspections, or repairs of any kind, as agreed to by the Bidders and/or Buyers at registration and specified in the Auction Purchase Contract. Property will be sold with a good, clear marketable title. Due diligence ends auction day. Auctioneer’s Note: All information and dimensions were derived from sources believed to be correct but not guaranteed. Buyers shall rely on their own information, judgement, and inspection of property. All auction day announcements take precedence over any previously printed material, or any other oral statements made.
McLean Auction & Realty 704-865-9524
Col. Blake McLean NCAL 5310 Willie Sutton NCRL 36716 NCALF 10073