FOUR-STORY FURNITURE SHOWROOM – Wed, Dec 2nd @10:00am EST
425 N HAMILTON ST., High Point, NC
FOUR-STORY RETAIL FURNITURE SHOWROOM
COURT-ORDERED FORECLOSURE AUCTION
Four-story Retail Showroom/Office Building with Two Parking Lots
Court-Ordered Foreclosure Auction
Wednesday, December 2, 2020 @ 10:00 am EST
Auction to take place in Greensboro, North Carolina
HIGH POINT, NORTH CAROLINA PROPERTIES AUCTION
WEDNESDAY, DECEMBER 2ND @ 10:00 am EST
ON THE STEPS OF THE GUILFORD COUNTY COURTHOUSE, 201 S. EUGENE STREET, GREENSBORO, NC 27401
Parcel #1 – 19,671 SF, Four-story Retail Showroom/Office Building with Two Parking Lots
452 N. Hamilton Street
High Point, NC 27262
Located in the heart of the Furniture District, this property has most recently been used as a furniture showroom. The extra lots included are just across the street at 312 & 314 Monroe Place.
• Lot sizes
o 452 N. Hamilton Street – .15 acre
o 312 & 314 Monroe Place – .30 acres additional parking
• Built in 2001
• Service/passenger elevator
• Full kitchen/bar on 4th floor
• Outdoor patio on 4th floor
• All city utilities
Zoning: CB – Commercial Business District
Tax Parcel: #189714
Preview for these properties is Wednesday, November 18th from 9 am – 4 pm.
The above auction will be held on the steps of the
Guilford County Courthouse at 201 S. Eugene St., Greensboro, NC 27401
Auctioneer: Norm Gallivan, NC Auctioneer License #10422
Auction Company: Gallivan, LLC, NC Auction Firm License #10429
Term of Sale:
A deposit of 5% of the final contract price will be required to be paid to the Substitute Trustee, or his Sales Agent, in the form of cashier’s check, by the high bidder for each property sold on the sale date. If any prospective purchaser files an upset bid in accordance with Chapter 45 of the North Carolina General Statutes, he or she will be required to pay a deposit of 5% of the upset bid amount to the appropriate County Clerk of Court.
For Guilford County auctions, the deposit shall be made to and held by the Substitute Trustee, except for upset bid deposits which will be held by the Guilford County Clerk of Court until closing. In the event of a deposit forfeiture, the deposit shall be administered pursuant to North Carolina law.
Closing shall take place within fifteen (15) days after the auction, or within five (5) days after the upset bid period ends, whichever occurs first. Title will be conveyed by Trustee’s Deed.
Questions? Call Norm Gallivan at (239) 250-5658