Foreclosure | C-Store/Neighborhood Market Fredericksburg, VA

Conveniently located at a central Fredericksburg, Virginia suburban crossroads, this B-1 property is perfectly situated to be the go-to ice, snack, beer, soft drink and lottery ticket destination for thousands of neighborhood rooftops! Features include:

• Desirable B-1 zoning
• Outstanding visibility and access
• +/-2,255 Square foot building
• Additional covered storage area
• Partially fenced area
• 0.367 Acre site
• 10 Parking spaces
• Strong lease to third party tenant. Please find details in Property Information Package and Lease

Tax Parcel ID#: 46 36A
2024 Tax Assessment: $549,300
2024 Annual Taxes: $5,145.30

Bid live in-person or online!

Online biding will be via real-time simulcast bidding with the live auction on Wednesday, June 4th, beginning at 12:05 PM, NOT the typical timed auction that continues for days. People attending in person will register when they arrive at the Holiday Inn Express. Registration includes showing that bidder possesses the required $9,500 certified check made payable to yourself. The high bidder will then endorse it over to the Substitute Trustee.

Online bidding registration requires a valid credit card for a temporary $9,500 credit card hold. If the high bidder is participating online, he/she will then be sent the purchase memorandum via Docusign which must be signed electronically the same day.

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

VAAF423

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Page Londrey

Page Londrey: Tranzon Key

804-400-9294 plondrey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: Must close on or before July 9, 2025, sold in As-Is condition, no contingencies.
• Deposit Amount: See Foreclosure Notice
• Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.