Public Auction | 860± SF Office Space in the Northern Neck
NOTE: This property is subject to an AUCTION. The Listed Price is NOT the Selling Price, but the Opening Bid at the sale. The Selling Price will be determined the day of the sale. This is a Trustee Sale; the property may be occupied. Please do not disturb the owner. The sale will be held online and at front entrance to the Lancaster County Circuit Court; 8265 Mary Ball Road, Lancaster, VA 22503. This 860± SF office space offers a versatile layout ideal for professional use, zoned A2. Featuring three office spaces, a full bathroom, a kitchen, and ample storage, it's perfect for small businesses or startups. Conveniently located just minutes from Downtown Kilmarnock and close to the Rappahannock and Corrotoman Rivers, this property combines functionality with a desirable Northern Neck location. Assessed for $152,700! Opening Bid Only $50,000! 860± SF Office Space - Zoned A2 for professional use Functional Layout - 3 office spaces, full bathroom, kitchen, and plenty of storage Convenient Location - Minutes from Downtown Kilmarnock Northern Neck Access - Close to the Rappahannock and Corrotoman Rivers This is a Trustee Sale; the property may be occupied. Please do not disturb the owner Why You'll Love It Ready-to-Use Office Space - With three offices, a full bathroom, a kitchen, and ample storage, it's perfect for a small business or professional practice Flexible Zoning (A2) - Allows for a variety of commercial or professional uses, offering growth and versatility Convenient Location - Minutes from Downtown Kilmarnock, making it easy for clients, employees, and vendors to access Northern Neck Lifestyle - Close to the Rappahannock and Corrotoman Rivers, ideal for businesses that value a scenic and welcoming community Ideal For Small Business Owners - Perfect for professionals seeking an affordable, move-in-ready office space Entrepreneurs & Startups - Ideal for those looking to establish or expand their business in the growing Northern Neck region Investors - Opportunity to purchase a flexible A2-zoned property with potential for rental income or future development Local Service Providers - Excellent for small medical practices, accounting firms, real estate offices, or creative studios Auction Term Highlights and Bidder Requirements Auction Term Highlights Buyer's Premium: A 10% buyer's premium will be added to the highest bid to determine the purchase price Deposit: An initial deposit of $5,000 required for bidder registration and payable at time of sale. The balance of the 10% Buyer's Premium is due within 3 business days following the sale completion Settlement: Settlement must occur within 30 days of the sale. Time is of the essence Online Registration Deadline: Online registration must occur no later than 24 hours prior to the auction start time Online Bidders All bidders MUST register and submit the initial deposit no later than 24 hours prior to the sale start time via wire transfer All required documentation must be fully completed and submitted before bidding privileges are approved Live Bidders Registration will be available on the day of the auction, please make sure to arrive early to complete your registration A cashier's check payable to yourself or Motleys is required at check-in for registration All participants must complete the registration form to receive bidding approval