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128 W. Jefferson Street
Jackson, NC
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We have been commissioned to offer this fantastic property at public auction with ALL BIDDING to be done on the Internet at www.proxibid.com

Bidding begins immediately and ends at 5:00 PM on July 2

  • This property consists of a +/- 4800 sq. ft. building completed in 1994, and 3 land parcels containing +/- .85 acres.
  • Services to the building include, water, sewer, curb & gutter, and sidewalk.
  • +/- 25,000 sq. ft. of paved parking behind the building makes this a versatile property with many potential uses.
  • The previous use was for a famous restaurant named "Sir Archie" that drew diners from across the country and from around the world.
  • Just 15+ minutes from the new "RANDY PARTON" theater in Roanoke Rapids (I-95 at exit 171), this property is on the edge of the newest "EXPLOSIVE GROWTH" in North Carolina.
  • Land prices in the area are rising rapidly, and it will not be long before this will be the hot spot on the eastern side of the Roanoke Rapids Bonanza.
  • The building looks to be in very good condition.
  • Four heat pumps maintain the interior climate.
  • The huge commercial water heater provides more hot water than will ever be needed.
  • The long front porch offers a shady place to sit.
  • County offices and courthouse are only steps away.
  • Tax value of the 3 parcels contained in this sale is over $250,000.
  • Replacement costs would be $400,000-$500,000.

PIN # 02-02102
PLAT BOOK 27, PAGE 105

3 PARCELS included in this sale are as referenced in deeds: DB 686, PG 732, DB 672, PG 866, DB 561, PG 279

Please see the informational map for this property layout

Pictures:

Wrought Iron Stairs
Wrought Iron Stairs
Bar Area
Bar Area
Bar Area
Bar Area
Interior
Interior
Interior
Interior
Interior Detail
Interior Detail
Bathroom Detail
Bathroom Detail
Front Corner
Front Corner
Front Corner
Front Corner
Rear Corner
Rear Corner
Rear Corner
Rear Corner
Water Heater
Water Heater
Heat Pump
Heat Pump
   

Terms of Sale:

  1. ALL bids must be placed through www.proxibid.com. (There will be no live bidding for this sale)
  2. All bidders must provide qualification data requested by Proxibid.
  3. A 3% buyers premium will be added to the final successful bid to determine the Contract Sales Price.
  4. Once all bids are in and the seller has approved the sale, an Offer to Purchase & Contract will be faxed or emailed to the buyer.
  5. The buyer must immediately sign the Contract and return by fax.
  6. The buyer will then have 72 hours to sign and return the “ORIGINAL” Contract with a 10% Earnest Money Deposit (Certified Funds). Documents and deposit should be returned via OVERNIGHT DELIVERY.
  7. If the buyer fails to return the executed Contract and Deposit within 72 hours of the bid acceptance, the seller will have the right to void the Contract, and offer the property to the underbidder at his/her final bid, plus the buyers premium.
  8. Closing will be held in Northhampton County, NC within 30 days of the contract date, with the remaining balance due in full at that time. (CERTIFIED FUNDS)

Map & Directions:

From I-95, take exit 173 (Hwy 158)-Follow Hwy 158 East for approximately 11 miles into Jackson. Get directions from Mapquest (opens a new browser window)

map
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Wester Auction & Realty

Mailing Address:        269 Lancashire Run                
                                  Smithfield, NC 27577

                                              
Warehouse Address: 10006 US Highway 301 S
                                 Four Oaks, NC 27524

Voice (919) 422-5679 - Fax (866) 972-3322
Email: rwester@westerauction.com
NCAL 7026

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