Prime Downtown Mocksville Corner | The Swicegood Group

Prime Downtown Mocksville Corner

Name your price today for downtown Mocksville's prime commercial corner of S Main St and E Lexington Rd. All lots are zone "Town Center" allowing residential, commercial, and retail. In addition it is designated in the government classification of an "Opportunity Zone" adding further benefits.

  •   Oct 3 @ 1:27PM EDT (Start)
  •   Nov 14 @ 6:00PM EST (End)
  •   Add to Calendar

Bid now for this special commercial corner!

Call: Elizabeth Swicegood

You'll want to place your bid today for downtown Mocksville's iconic corner of S Main St and E Lexington Rd. Fronting S Main Street in downtown Mocksville, the iconic "Old Jail House", parking area, guest house, and gardens plus two residential properties that front E Lexington Road. Zoned to offer a myriad of possibilities both residential and commercial, there are 5 potential tenant opportunities making for great potential and return on investment.

The property is zoned “Town Center” allowing residential, commercial & retail plus is designated within the government classification of an “Opportunity Zone” adding further benefits”

Will you be the one to write the next chapter in this iconic property's history?

Terms & Conditions
284 & 286 South Main Street Mocksville Downtown (Old Jail & Old Salem like Cottage)

131 East Lexington Avenue (Yellow House)

141 East Lexington Avenue (Gray House)

Lot (Garden’s behind Old Jail)

Requirements for Registration and Bidding:

* ONLINE Bidders will email proof of readily available funds in the amount of $10,000.00 prior to placing a bid online. Please email this proof of funds to email@ready2bid.com. If your bid is confirmed on auction day, you will be required to deliver $10,000.00 or 5% of the contract purchase price, whichever is greater via wire transfer or certified check to the closing attorney, Tammy Fleming and will be a credit towards the purchase price only at closing.

 

Tammy Fleming, Atty at Law
336-751-2171

  • A 10% Buyer's Premium will be applied to the high bid to create the total contract purchase price. [Example: $100,000 bid is a $110,000 contract purchase price. Firm is the agent of the Seller of the Property offered for sale by auction, and Broker and Seller have agreed that this sale is to be conducted by including a buyer's premium of upon the final high bid price as determined by the Broker ("Buyer's Premium"). The actual contract sale price shall be the sum of the successful high bid plus the Buyer's Premium.
  • Property is subject to any and all State or Local zoning restrictions, easements recorded or unrecorded.
  • Seller agrees to provide a General Warranty Deed free from any liens or defects. In the event Seller is unable to provide clear title, Buyer will be entitled to a full refund of their deposit.
  • Auctioneer represents the sole interests of the Seller. Seller reserves the right to withdraw or accept a pre-auction offer. 
  • Closing will occur within thirty (30) days of contract execution or at time of delivery of title by Seller.
  • The winning bidder whose bid is confirmed will be required to sign a sales contract and all addenda/disclosures immediately following the auction via Docusign (electronic signature program).
  • Buyer will pay all customary real estate closing costs which may include but are not limited to the recording of the deed, title examination fees, title insurance cost, attorney fees, survey, inspections, homeowner’s insurance, prorate taxes/hoa, etc.
  • Property is being sold in “AS, IS, WHERE IS” condition with no warranties provided. The buyer has performed all due diligence prior to bidding or has waived this right.
  • This Auction is a timed event and all bidding will begin to close at a specified time. 
  • The Swicegood Group, Inc. is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions. However, it is the bidder’s responsibility to conduct any due diligence to determine the condition and feasibility of the asset for the bidder’s intended use. Descriptions that are provided are provided in good faith and by reflecting matters of opinion. It is automatically acknowledged by registering that you have personally inspected the property, hired an agent to inspect the property or waived your right to inspect the property. Placing a bid creates a contractual agreement to purchase the property at the high bid price plus the premium as well as any additional fees that might apply towards the closing of the real estate.
  • The identity of all online bidders will be verified via credit card which is required for registration and onsite bidders will need to. In order to verify that your account as open and creditworthy, YOUR BANK (not the Auctioneer) MAY put a hold on the amount required as noted when you entered your credit card information upon registration. Depending on your bank's policy, the amount could be held for up to 24-48 business day hours. Bidding rights are provisional, and if complete Bidder verification is not possible, The Swicegood Group, Inc. has the right to reject the registration. Auctioneer/seller reserves the right to change/modify any of the terms and conditions of this auction with the exception of the buyer's premium.
  • Bidder agrees to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. When using the website, you must obey any and all local, state and federal laws. Violations will result in the termination of web site use privileges.
  • In the event someone is bidding on behalf of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement, guaranteeing the bids placed and to abide by the Terms and Conditions of the auction.
  • Bidder acknowledges that information on Auction Purchase and Sales Contract, Buyer Premium Addendum, Working With Real Estate Agents, Lead-Based Paint and/or Lead-Based Paint Hazards, if applicable, a North Carolina Residential Property and Owners' Association Disclosure Statement, if applicable, and a Mineral and Oil and Gas Rights Mandatory Disclosure Statement, if applicable, have been made available by Firm for Bidder's online or onsite.
  • Auctioneer reserves the right to modify the Terms and Conditions and announce any such changes to all registered bidders prior to close of auction. Auctioneer is not responsible for technical /software issues which may arise that are beyond our control.

*** IMPORTANT

Lots are being offered individually and collectively. Seller shall have the choice of the high bid or aggregate high bid on the combined lot.

 

If lots are sold to individual bidders, bidders are responsible for survey costs. Jeff Allen, surveyor has provided a quote for the survey.

**The Corner lot shall provide ingress/egress to the historic jail buyer providing a minimum of 3 parking spaces per the drawing provided in the lot offers

**An easement of ingress/egress shall be recorded between the gray house and yellow house providing access to the garden lot


The Swicegood Group Inc.
NCFL 8790
READY2BID.COM
866-4Bidnow (
(866) 424-3669)