4 BR/4 BA Home on .4 +/- Acre Lot in Downtown Front Royal, VA--Zoned Commercial (C-1)

The Owners Have SOLD This Property Prior to Auction!!

The owner has downsized to a more manageable living arrangement, and has contracted us to market and sell this great downtown Warren County property!  The desirable commercial zoning allows the new owner multiple options, and that equals an amazing opportunity to Bid & Buy at YOUR PRICE!!

If you would like to bid on the personal property that is shown in the interior home photos, please CLICK HERE

• 3 BR/3 BA main home w/an attached 1 BR/1 BA apartment/suite/office on .40 +/- acre lot in downtown Front Royal, VA
• The entire home measures 3,396 +/- finished sf., and features an eat-in kitchen (all appliances convey); living room w/fireplace; dining room; unfinished walk-out basement; attic; the attached 1 BR/1 BA apartment/suite/office also has its own kitchen.
• Hardwood flooring throughout
• Heating:  oil forced air (oil tank in basement); Cooling:  central AC (upstairs HVAC needs repair)
• Public water & sewer; 2 electric water heaters
• Ample parking in rear of property (ideal for home based business or commercial rental)
• Internet:  Century Link
• Information from the Deputy Zoning Director/Town Planner: 

   

• The building only has one (1) electric meter base, even though the building has two (2) addresses (214A and 214B).
• The rear parking offers up to eight (8) parking spaces (9’x18’).
• The parking area has an “Exemption” since it is a reuse of the property and had a prior Zoning Permit. But the parking area cannot become in “disrepair”. If it does, then the parking area must be resurfaced and have the spaces marked.
• With the property being Zoned C-1 (Community Business District), a single-family residence is no longer allowed. However, the residence will be listed as a “Nonconformity”, meaning the legal use that was in operation that legally existed prior to the adoption of the C-1 can continue as long as it remains otherwise lawful. If that part of the building that is used as a residence is discontinued for a period of two (2) years, then the use will be deemed abandoned.
• This well located property is within minutes to all schools, .5 mile from Randolph Macon Academy, 1.5 miles from the Shenandoah National Park Front Royal Entrance, 3 miles from Warren Memorial Hospital, a short walk to the Warren County Court Complex, 4 miles to I-66, 10 miles to I-81 and only a short drive to Winchester, Manassas, Leesburg & Culpeper!!
• Tax Map:  20A7-4-113; Deed Book:  W35/123; Zoning:  C-1 (commercial); Yearly real estate taxes:  $2,934.40; Home was built in 1900 and has stucco exterior; WE GUARANTEE A FREE & CLEAR DEED

FOR REALTORS:  if you have been working with a Realtor, please have them click here and complete their broker participation form.  In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 10/13/22, and all terms adhered to.

TERMS:  $15,000 deposit   is due immediately after confirmation of final bid and the balance due at closing on or before 30-45 days.  Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself.   A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price (Example:  $100,000 bid price + 10%=$110,000 deeded contract price). Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc.  Pre-approved (no later than 5 pm on 10/13/22) broker participation is compensated.  Please contact Brian Damewood with any questions (540-454-2326).  Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.

We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event. 

ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG

• Contact the auction coordinator (his or her name and contact number is on the NichollsAuction.com site under the auction you are bidding on) immediately if you need additional information.
• Bidder Verification: The identity of all bidders will be and must be verified (via phone, email or text).  Bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject the registration, and bidding activity will be terminated.  Please be aware that you may be asked to show (text or email) proof of deposit funds before you are approved to bid online.  
• At the close of the auction, and seller confirmation, the successful bidder will be emailed or given the contract package to execute and return to Nicholls Auction Marketing Group, Inc. The successful bidder’s earnest money deposit must be in the form of cashier’s or certified check (United States Bank) or wire transfer to Nicholls Auction Marketing Group, Inc. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
• Contract Packages will be sent by e-mail or hand delivered to the high bidder, who must execute and hand deliver, email, fax or overnight mail back to Nicholls Auction Marketing Group, Inc., within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
• In the event a winning bidder fails to submit the signed ’Contract for Sale of Real Property’ and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $15,000 on the credit card provided at auction registration. Additional default remedies are reserved by Nicholls Auction Marketing Group, Inc., and the Seller as provided in the Auction Terms & Conditions and the ‘Contract of Purchase’. All administrative fees are non refundable.
• Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
• Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason.  In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to extend bidding time.  To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature.