#1 • 3789 Old Cleveland Highway, Cornelia, GA 30531
Part of Commercial and Residential Properties in North Georgia (timed auction by Bullseye Auction & Appraisal, LLC)
Status: No sale
Corporate Dissolution Commercial and Residential Properties in North Georgia SELLING AT ONLINE AUCTION BID DEADLINE (Starts To Close): Wednesday, June 18th @ 10 AM 3750 & 3789 Old Cleveland Highway, Cornelia GA 30531 ASSET DESCRIPTION: This auction is for two properties. One has been an auto sales and service business and the other, an adjacent lot, is a private residence. These properties will be offered individually as Lots 2 and 3. We will also offer them as a package, Lot 4. for those who are interested in both properties. Whichever option delivers the highest total bid amount will be the winning bid. Lot 2 – 3789 Old Cleveland Highway - 1.29 +/- acre corner commercial lot with office, shop and storage buildings, including a 100’ x 36’ covered area for storage of boats, trailers, RV’s, etc. Located at the intersection of Old Cleveland Highway and Highway 105 this property has incredible potential for an investor or end user. Minutes from Highway 365 (I-985) the property offers very high visibility and easy access. Lot 3 – 3750 Old Cleveland Highway – 1.01 +/- acre residence at rear of and adjacent to 3789 Old Cleveland Highway which is offered as Lot 2 in this auction. Built in 1971, this 2,594 +/- sq. ft. split-level is a 3 BR / 2 BA home perfect for the right investor. Level, fenced yard and convenient to schools, shopping, dining and more. This property currently has a life estate attached to it which allows the current occupant to remain housed in it until their death. Please contact Auctioneer with questions and for full explanation. Additional information regarding the life estate will be posted soon. Lot 4 - The Combination of 3789 and 3750 Old Cleveland Highway. This lot is for the 1.29 +/- acre commercial corner lot with multiple buildings and the 1.01 +/- acre residential lot with a house. Whichever option, individual lots or the combination of both, delivers the highest total bid amount will be the winning bid. These properties are located near town and convenient to a hospital, medical offices, restaurants, schools and other businesses. LOCATION: 3750 & 3789 Old Cleveland Highway, Cornelia GA 30531 ONLINE BIDDING REGISTRATION: Online bidding to begin on June 8th. INSPECTION: Contact Auctioneer to Arrange You are STRONGLY advised to inspect the property, in person, during the inspection period in order to validate the descriptions and/or photographs posted for this auction. Should you have any questions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com or Rick Sammons at 770-490-0798 or rick@bullseyeauctions.com TERMS: A non-refundable earnest money deposit shall be ten percent (10%) of purchase price shall be wired to Bullseye Auction & Appraisal within 24 hours of contract acceptance. Closing shall occur within 30 days of contract acceptance. This property is being sold “AS IS, WHERE IS” with no warranties expressed or implied. Buyers should carefully verify all items and make their own decision as to the accuracy thereof before relying on the same. Properties may be added or deleted without notice. All properties are subject to prior sale. Online bid increments are at Auctioneer’s discretion. All sales are final. CLOSING: Purchaser responsible for designating closing attorney and all associated costs. Property to close within 30 days of contract acceptance. LEGAL CONTRACT – Your participation in our auction is your acknowledgement and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Bullseye Auction & Appraisal and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law. SALES TAX: Applicable sales tax will be added to all assets UNLESS proper tax exempt forms are brought with you to the auction, NO EXCEPTIONS. BUYER’S PREMIUM: There is a 10% Buyer’s Premium for this auction. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000. SALE MANAGERS: Scott Schwartz at 404-550-3490, GAL# 2643 Rick Sammons at 770-490-0798, GAL# 3575
