Commercial Investment Properties

Timed auction by Bullseye Auction & Appraisal, LLC

Starts May 1, 2022 6:00 AM EDT. Ends May 12, 2022 11:00 AM EDT

DEBT FREE ASSET  AUCTION Historic Downtown Stone Mountain, GA 935 Main Street, Stone Mountain, GA 3562 Manor Drive, Stone Mountain, GA 984 Second Street, Stone Mountain, GA 3 Dekalb County Tax Parcels Selling Together SELLING AT ONLINE AUCTION BID DEADLINE (Starts To Close): Thurs., May 12th @ 11 AM   ASSET DESCRIPTION: The auction will consist of three separate Dekalb County parcels that will be sold together.  The property is currently vacant and in need of extensive repair.  The property is under the guidelines of the Stone Mountain Historic Preservation Commission. Please make sure to familiarize yourself with the design guidelines and other requirements prior to bidding: Historic Preservation Commission (stonemountaincity.org) IMPORTANT AUCTIONEER'S NOTE 5/7/2022:  Approximately 3 weeks ago, a large number of bricks fell off of the side of the building. The Seller is working to obtain approval from the City of Stone Mountain to make the necessary repairs to the side of the building.  Once approval is granted, the Seller will make the repairs prior to closing.   ONLINE BIDDING REGISTRATION: Online bidding to begin on May 1st, 2022. INSPECTION: Please contact Auctioneer for instructions. You are STRONGLY advised to inspect the property and reply on your own findings. Please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com or Rick Sammons at 770-490-0798 or rick@bullseyeauctions.com TERMS: Non-refundable earnest money deposit of 10% required within 24 hours of contract acceptance. Closing to occur 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. 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. BUYER’S NOTE: Real estate is being sold “AS IS, WHERE IS” with no warranties expressed or implied. Buyers should carefully inspect. The real estate is subject to sale prior to auction end date. Online bid increments are at Auctioneer’s discretion.  CLOSING: Purchaser responsible for designating closing attorney and all associated costs. Property to close within 30 days of contract acceptance. Please click "Terms" for auction terms and conditions. SALE MANAGERS: Scott Schwartz at 404-550-3490, GAL# 2643 Rick Sammons at 770-490-0798, GAL# 3575

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