This auction is of a very nice modern commercial building situated on a prime commercial lot in the heart of Hudson, NC just north of Hickory, NC. This 1.25-acre property has a 2,600+ square foot single-story building (built in 2003 as a bank) with road frontage and driveway access points on (3) separate streets. The property is part of the downtown commercial area and overlooks the main intersection of Main Street, Central Street, Elm Avenue, and Cedar Valley Road with easy access to all via side street drives to the main intersection. This property is adjacent to a modern strip mall that includes office, retail, and restaurant facilities.

The building itself appears to be in great condition and been well-maintained. The property is accessed through the main vestibule entrance on the front of the building, a side customer entrance, and a rear private/employee entrance. The floorplan layout has not been changed from the original bank design. It has a main lobby area, teller/clerk desk, (3) private office areas, (2) bathrooms, breakroom, equipment room, etc. The main vault is still in place and fully functional as is the drive-thru window equipment that services multiple covered lanes. The building is completely encompassed with paved parking lots and driveways with approximately 60 parking spaces and more could easily be added. In addition to the paved areas, there are multiple large open grass and landscaped areas that add to the nice appearance and curb appeal of the property. There is a small nearly 1/4-acre lot behind the main parcel that is included in this property that could possibly support additional development. In addition to the main building, there is a large brick storage building on the property. Alarm, security, and phone systems will remain with the building as well as with a large amount of the furnishings and equipment.

There is an external ATM machine on the property that is currently producing $750.00 per month income with multiple years remaining on that lease. The property has been utilized as a pharmacy for the past several years.

YOU CAN CALL US TO PREVIEW OR INSPECT THE PROPERTY PRIOR TO AUCTION DAY.

THIS AUCTION WILL BE HELD LIVE ON LOCATION AT THE PROPERTY

*THERE IS NO UPSET OR BID RAISE PERIOD ON THIS AUCTION.

CALDWELL COUNTY TAX DATA

ADDRESS - 596 Central Street, Hudson, NC

PARCEL 1

PARID - 03 3 1 43

PIN - 2767026084

CALCULATED ACRES - 1.002

BUILDING - 2,604 SF

YEAR BUILT - 2003

PARCEL 2

PARID - 03 3 3 43A

PIN - 2767016929

CALCULATED ACRES - 0.245

TERMS – The property is being sold “FREE & CLEAR” of all liens, or with liens satisfied at closing. The property is being sold “AS IS, WHERE IS”. The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; all prior years taxes will be paid by the Seller. A 10% deposit is required by the last and highest bidder at the time of the auction. The remaining 90% will be due at closing. There is “NO UPSET BID PERIOD”, this means that the last and final bid at the auction cannot be raised after the auction is closed by the auctioneer. There is “NO BUYER’S PREMIUM” or additional buyer fees charged by the auction company. The Buyer should inspect the property prior to bidding and do any and all research they deem necessary. Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities.

COUNTY TAX DATA SHEETS AND OTHER FILES MAY BE ATTACHED BELOW BY CLICKING THE RED "MAPS/BROCHURES" BUTTON. IF THERE ARE SEVERAL LARGE FILES FOR THIS PROPERTY THEY MAY NOT ALL AUTOMATICALLY OPEN, BUT MAY INSTEAD APPEAR AS A FOLDER IN THE LOWER LEFT CORNER OF YOUR SCREEN. SOME USERS MAY HAVE THE FIRST PDF FILE AUTOMATICALLY DISPLAY ALONG WITH A BOX PROMPT ASKING YOU TO "OPEN" OR "SAVE" THE ZIP FILE. TO ACCESS ALL OF THE FILES, CHOOSE TO "OPEN" OR "SAVE" OPTION. THE ZIP FOLDER WILL BE PLACED ON EITHER YOUR DESKTOP OR WITH YOUR DOWNLOADS. FIND THE "ZIP FILE" ICON, DOUBLE-CLICK IT TO OPEN THE FILE, THEN DOUBLE-CLICK TO ALL OF THE FILES LISTED SEPARATELY. IF YOU HAVE ANY PROBLEMS ACCESSING THESE FILES, PLEASE FEEL FREE TO CONTACT US TO HAVE THESE FILES SENT TO YOU DIRECTLY.