Auction Information

Contact Information
Chuck Swafford
Email: chuck.swafford44@gmail.com
Phone: 256.337.1192
Auction Type

Simulcast Auction

Auction Schedule
Auction Dates

Start Date: Wed, Aug 30, 2023 12:00PM

End Date: Fri, Sep 29, 2023 12:30PM


Auction Preview Dates
Sep 29, 2023 from 11:00AM - 12:00PM
Auction Location
300 Oakwood Avenue
Huntsville, AL 35811




Highway 72/Memorial Parkway, turn East on Oakwood Avenue
Auction Description


Simultaneous LIVE and ONLINE Auction held LIVE ON-SITE Friday, September 29, 2023 @ 12:00 PM
Location—C-1 Zoning—Opportunity
This great corner lot is located just west of Meridian Street on the corner of Oakwood Avenue and Virginia Boulevard. The store features over 1100 square feet under roof with vinyl siding. The three bedroom home has over 1220 square feet under roof. They are situated on a 130’x70’ lot. This is an investor and handyman special. The location was last used at Moody’s Grocery and Beverages. Just minutes from Downtown Huntsville with excellent C-1 zoning.
Don’t miss this opportunity in this highly desirable area!

Auction Documents

Plat

Catalog
Terms & Conditions
TERMS & CONDITIONS (Real Estate)
  • Online bidders must contact W. Todd Hess at 256-541-2964 within a minimum of 24 hours prior to the auction to complete registration for bidding online. No exceptions! A bank Letter of Guarantee in the amount of 10% of the minimum bid price may be required to complete registration.
  • A 10% Buyers Premium to be added to the final bid to determine the contract price on the Real Estate.
  • All property is sold “AS IS, WHERE IS”. Cole Auction works strictly as an agent for the seller.
  • 10% down day of the sale, balance to be paid in 30 days or less.
  • Property is selling subject to all restrictions, easements and rights-of-ways.
  • Seller to pay prorated taxes and provide clear deed and title.
  • Purchaser to pay all of their own closing costs.
  • All decisions of the Auctioneer are final in case of bidding disputes.
  • Seller reserves the right to deny or expel anyone who attempts to disrupt the sale.
  • Property is to be considered to be sold under reserve unless otherwise specified. Cole Auction does not disclose the reserve price prior to the live auction.
  • Seller reserves the right to accept a winning bid prior to the live auction.
  • Property maps, surveys, inspections, etc. are for reference and sale purposes only. Neither the Auction Company nor the seller guarantees any of the information given.
  • It is the responsibility of the buyer to verify all specifications and conditions of the property.
  • No warranties or guarantees are being made as to condition, age or value prior to sale date.
  • No contingencies shall apply to the sale of the property, including a buyer receiving financing.
  • Buyers & Sellers and/or their agents may bid at the live auction, online, or by phone. Employees of Cole Auction may bid on behalf of others up to and including online bids, phone bids, absentee bids, and prebids.
  • All information that is being given is believed to be correct and reliable but is not guaranteed by the Auction Company.
  • Announcements made day of the sale take precedence over any written material.
  • Cole Auction will pay outside brokerage 2% of net commission. Sales price minus concessions (i.e., expenses and/or commission reductions). Agents must register with Beau Cole at beaucole@msn.com prior to auction. NO EXCEPTIONS! Agents and/or their clients must participate in the live ON-SITE auction to qualify for the payment.
Payment (Real Estate)
  • Cole Auction does not accept credit cards for real estate purchases.
  • 10% Premium due within 24 hours after close of auction. Contact Beau Cole at 256-837-0701 for wiring instructions. Remaining balance due upon closing. $25 fee for wire transfers is waived for real estate purchases.
  • Purchaser has 30 days to close, but time to close may be extended on a case-by-case basis.
  • Purchaser pays their own closing costs, but has the right to choose the closing attorney or title agent.
License Information:
Cole Auction Liquidators, LLC
AL #284
Cole Properties & Auction, Inc.
AL #120

Principal Auctioneers:
Personal Property:
W. Todd Hess
AL #5536

Real Estate:
W. Todd Hess
AL #5536

Arthur Cole III
AL #1417

Cole Auction

1580 Sparkman Drive, Suite 102
Huntsville, Alabama 35816
Phone: (256) 837-0701
Fax: (256) 837-3830

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