1325 Commerce Rd, Staunton, VA 24401 - Staunton City County

Absolute Trustee Auction (Real Estate)

Bed and Breakfast or Event Property Opportunity

Real Estate and Personal Property

Tuesday, November 17th at 12:30PM

Auction and Property Location: 1325 / 1329 Commerce Rd, Staunton VA 24401

Preview Schedule: Tuesdays 10/27, 11/3, & 11/10 12:30 PM to 2:30 PM. Other times by appointment

Auction Manager: Pete Ramsey 434-258-6611

Past use of this property has been: Wedding / event venue, Bed and Breakfast

Easy to continue the current business plan as a Bed and Breakfast and Event Venue property

This auction incorporates 2 nicely finished and event ready buildings (Windsor House & Millstone Barn) and 12.2 acres. Property is approximately 2 miles from I-81, easy to get to from major highway.

For FULL details of the property visit our website

Summary

Windsor House (circa 1926)

2-story wood framed house. Total sq ft 4,588 (includes 406 sq ft of cellar)

Guest suite, and Innkeepers quarters

Commercial kitchen (gas stove)

Dinning accommodations, 2 indoor sitting areas (w/ fireplaces), Covered front porch, two large brick patios off conservatory

Bathrooms: bath on first floor, 1 full bath in Guest Suite (first floor) and 1 full bath on second floor (Innkeepers Quarters)

2 laundry rooms (main house first floor & guest suite)

1 kitchenette (Innkeepers quarters ) & 1 full kitchen (Guest Suite)

Updated fire alarm system

400 amp electrical service

Millstone Barn

3-story converted barn, wood framed building w/ vinyl siding; Main Level: 1775 sq ft, Up Stairs 885 sq ft, downstairs 1775 sq ft

Five decks total of 486 sq ft, patio with 312 sq ft

Main level: entry foyer w/ large sitting area, gas fireplace, refreshment station, 4 guest rooms

Upstairs: 2 guest suites w/ full baths, gas fireplace, mini bar area, private deck

Downstairs: 2 guest suites w/ full baths, gas fireplace, mini bar area, patios, laundry room

400-amp electric service

Absolute City of Staunton, VA Sheriff Sale Auction

Personal Property : Selling immediately after real estate

EZGO golf cart w/ rear deck (electric w/ charger)

Yanmar 324 Tractor w/ YL210 bucket (48)

Bad Boy Maverick Zero Turn mower 60 deck, 688cc Honda engine

Polaris Brutus w/ Protach Attachment System including 36 forks & trailer hitch (includes contents in rear bed)

Bad Boy Bush Hog 48

Worksaver Posthole Digger 12 Auger

Agrifab Lawn Sweeper 42

Agrifab Roller 48

Yanmar B65 Backhoe w/ Yanmar Bucket

Metal Building 960sq ft (40W x 24D) with 2 roll up doors 8x8

50 Bucket

Other items will include all other furniture, fixtures and equipment located on the property

Terms:

Real Estate: 6% Buyers Premium added to the high bid to determine contract price. Deposit of $50,000 in certified funds on sale day with a wire transfer to the Trustee in an amount necessary to bring the deposit to 10% of the contract price. Wire transfer must be received by the Trustee no later than 5:00pm EST November 20, 2020. The real estate taxes will be prorated as of sale day. The purchaser will be responsible for paying the Grantors Tax.

Personal Property: Cash or valid check. 10% Buyers Premium. All items will be sold Absolute and the sale will immediate follow the sale of the real estate. See our website for further information. Selling as is where is. Payment in full on sale day.