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Real Estate Auction
Wednesday April 5, 2006 (7PM)

TRAXX Restaurant
100 East Railroad Street
Bladenboro, NC
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16,000 square foot historic building on a corner lot. Fantastic 6000 sq. ft. restaurant seating over 200 with a fully equipped kitchen and plenty of storage. Upstairs could be converted into apartments, dance floor, bingo parlor, offices, or your own private 6000 sq ft home. Lower level could be used for storage, catering kitchen, apartments, or garage. Ideal location, low overhead, growth potential. Listing on the National Historic Registry qualifies this building for low interest loans. In the heart of downtown Bladenboro, NC. A short drive from Lake Waccamaw, Lumberton, White Lake, Wilmington. Rustic charm gives this beautifully decorated restaurant a warm and inviting ambiance. Returning patrons are guaranteed. Plenty of parking even for the biggest events. Low overhead - Property taxes below $2500/yr. Town officials willing to work with your plans. Growing property values. Rent it or run it - Great income potential. Make plans to be her on April 5.
  • 16, 000 square foot historic building
  • Corner lot in the center of town
  • Loads of parking for this destination location
  • Beautiful 200+ seat successful restaurant
  • 6, 000 square feet upstairs (you determine the use)
  • Plenty of storage space in adjacent building

Day of Sale:
Preview 4:00 PM until auction time. Agent on duty - Thursday, March 30 from Noon until 3 PM.
Light dinner served at 6:30 PM

Pictures:

Building Building Restaurant Sign
Buffet Bar
Table & Chairs
 

Terms of Sale:
Property is sold AS IS with all faults, amenities, and privileges.
A 5% buyers premium will be added to the final bid to determine the Contract Sales Price.
Descriptions and measurements are deemed accurate but are not guaranteed. Bids must be based on your inspection and evaluation.
A $25,000 Earnest Money Deposit is due upon execution of the Offer to Purchase & Contract. Deposit will be in the form of CERTIFIED FUNDS.
Balance is due at closing within 30 days of the Contract Date

Map & Directions:
Get directions from Mapquest (will open a new browser window)
Auctions
Wester Auction & Realty
269 Lancashire Run
Smithfield, NC 27577
Voice (919) 422-5679 - Fax (866) 972-3322
Email: rwester@westerauction.com
NCAL 7026

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For Sale

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USED RESTAURANT
EQUIPMENT

      

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