4025 Childress Road , Christiansburg, VA 24073(Montgomery County)

Zoning is A-1, agricultural district. Zoning description can be found in bidder pack.

Retail Building

This is a 1.5 Story, 3,032 sq ft building. The wine tasting and retail building was built in 2011. Very good quality construction on a reinforced concrete slab with 2 x 4 and 2 x 6 steel and wood studs and steel floor trusses. Metal roof, insulated panel siding, and stacked stone fireplace chimney. Interior flooring is commercial grade carpet in second floor offices, stained and sealed concrete in tasting and retail area, kitchen, 2 restrooms and hallway. Sealed concrete in the storage and mechanical room. Interior walls and ceilings are painted drywall. 12 to 15 vaulted ceilings in retail and tasting areas, and 8 in remainder. Heat Pump and electric wall heaters in restrooms. Kitchen has a triple stainless-steel sink and wash sink. Two 200-amp distribution panels, fire and security alarm system, built in speakers and large black walnut tasting bar. Stone paver patio, porch and walk with 16 x 16 canopy over patio.

Storage Building

The storage building is 1,920 sq. ft. and was built in 2014 on a reinforced concrete slab. Consists of 2 x 4 and 2 x 6 wood studs, metal roof, and T1-11 siding. Interior floors are sealed concrete and walls are painted drywall. 200-Amp service and HVAC. Two aluminum doors (10 x 9 drive in door, and 8 x 7 dock door).

Site Improvements

35,000 square foot paved driveway and parking area. 5,400 feet of perimeter fencing, private well and septic.

The improvements for this property were intended to be used as a winery. Improvements could be repurposed for other commercial uses or possibly as a residence.

OFFERING #2 - This offering consists of .510 acres of land located at 3850 Poppy Lane in Christiansburg VA. This building lot is mostly open and located across Poppy Lane from Offering 1. Property has been perked but perk has expired. Build your dream home on this lot. Great location near Christiansburg and Radford VA!

Preview Dates Friday September 30th and October 7th at 4 PM

ONLINE BIDDING Online bidding is now active and runs through 4 PM on October 20th, 2022. SOFT CLOSE.

BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, zoning information, sample contracts, tax cards, and deeds. Some of the plats in Bidder Pack have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are located in Bidder Pack as well.

Appraisal provided is for informational purposes only. Appraisal was completed in 2015. Property appraised for $925,000. The appraisal included a non-adjacent lot of 1.538 acres that had a separate value of $43,000. The 1.538 acre lot has been sold and not included in this sale. There have also been some upgrades and improvements since the 2015 appraisal. That improvement list can be found in the bidder pack.

SOFT CLOSE: If a bid is received within the last 3 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 snipers and encourages fair and impartial bidding from all participants.

BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyers Premium shall 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% buyers premium = total purchase price of $110,000).

GENERAL TERMS AND CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per tract required on day of sale (October 20th 2022). Close on or before December 5th 2022. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on October 20th 2022. 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. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.

PRE AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Buyers Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.