Summary of Offerings:
SVN Accelerated Sales, in conjunction with SVN Florida Commercial Real Estate Advisors, is proud to present the two parcels of commercial land located at 7367 E. Colonial Dr., Orlando, FL 32807 and (No Legal address) E. Colonial Dr., Orlando, FL 32807. Don't miss out on a development opportunity in one of Orlando's prime commercial development areas!
The front parcel, 7367 E. Colonial Dr., Orlando, FL 32807 totals 2.06 ± AC and is zoned C-2 by Orange County. This lot has approximately 300 feet of frontage on E. Colonial Dr. (State Road 50) and has an average daily traffic volume of more than 64,000 vehicles.
The rear parcel, (No Legal Address) E. Colonial Dr., Orlando, FL 32807, totals 1.86 ± AC and is also zoned C-2 by Orange County.
Both lots are adjacent to major, national retail chains including: McDonald's, Subway, CVS Pharmacy, Boost Mobile, and more!
Summary of Offerings:
|Offering No.||Address||Parcel ID||Acreage||Square Footage||Opening Offer|
|1||409 E. Laburnum Ave., Richmond, VA 23222||793-738-7136||0.45||9,720||$400,000|
|2||312 Crawford St., Richmond, VA 23222||793-738-6324||0.129||N/A||$10,000|
|3||314 Crawford St., Richmond, VA 23222||793-738-6724||0.135||N/A||$10,000|
|4||316 Crawford St., Richmond, VA 23222||793-738-7124||0.124||N/A||$10,000|
|5||318 Crawford St., Richmond, VA 23222||793-738-7524||0.126||N/A||$10,000|
|6||320 Crawford St., Richmond, VA 23222||793-738-8125||0.25||N/A||$10,000|
|7||324 Crawford St., Richmond, VA 23222||793-738-8725||0.09||N/A||$10,000|
|8||Offering Nos. 2-7 Combined -- 6 Lots||0.854||N/A||$60,000|
|9||Offering Nos. 1-7 Combined -- Building and 6 Lots||1.304||N/A||$460,000|
SVN | Motleys is proud to present the 9,720 square foot, mixed-use building located at 409 E. Laburnum Ave., Richmond, VA. Don’t miss out on this excellent investment opportunity in up-and-coming Northside Richmond, less than one mile from Richmond Raceway!
The first floor of the building is the perfect space for either an office or retail tenant and was previously occupied by a local painting company. This first-floor commercial space totals 5,752 square feet and includes a showroom at the front of the building, three connecting offices, two bathrooms, as well as a warehouse/storage area in the back of the building.
The second floor of the building totals 3,968 square feet and features nine vacant rooms that have previously been leased as apartment units. These units consist of three (3) one room units and six (6) two room units with private bathrooms. The one room units share a public restroom also located on the second floor. These second-floor units present a unique and significant value-add opportunity for investors as the units can be renovated and leased for approximately 80%-90% more than the previous rental rates for these units.
Also offered as a part of this accelerated sale are six adjoining residential lots, totaling 0.854 acres, which are situated next to the mixed-use building at 409 E. Laburnum Avenue. The lots are fenced-in and vary in size from 0.09 acres to 0.25 acres. These lots are afforded all the rights and privileges of Henrico County's R-5 zoning ordinance, which allows for multi-family dwellings, townhouses for sale, rooming/boarding houses, group care facilities.
Located less than one mile from the Richmond Raceway, this is a terrific opportunity for an investor to get ahead of the upcoming development in Northside Richmond before it is too late! The property is located less than a mile from the desirable Ginter Park, and just two-and-half miles from Bellevue. The building is also less than a mile from up-and-coming Edgewood and Brookland Park neighborhoods and is only four miles from downtown Richmond.
This 15 property portfolio will be offered in a court authorized chapter 13 bankruptcy auction. Bidding will be online only at SVNauctions.com. The 15 properties first be auctioned individually starting on Tuesday, May 15th at 9:00 am PST. Bidding will end on May 17th at 12:00 pm PST unless automatically extended by late bidding activity. After the bidding has ended on all individual properties, the 15 properties will be auctioned on a combined basis for one bid with the starting bid set at the combined high bid amount plus $10,000 and will be open for 3 hours following the close of the auction for the individual properties. If the combined bid exceeds the individual bids, the high bidder on the combined basis will be considered the high bidder. Otherwise, the individual bidders will be considered the high bidders. The high bidder(s) will be required to sign the auction purchase and sale agreement(s). The properties are being sold subject to the bankruptcy court approval. Approval by the court may take up to 30 days. All offers by the high bidders will be open for approval for 30 days following the auction. Buyers will be required to close within 30 days of approval by the bankruptcy court. In the event that the bankruptcy court does not approve the high bids, all earnest money will be returned to the high bidders. All inspections must be completed prior to bidding. Please contact Bob Smith, 760-677-5885 email@example.com to schedule property inspections. All properties will be sold "AS IS, WHERE IS" with no warranties whatsoever from seller, broker, auctioneers and their agents.