844 NC Hwy 39 S, Louisburg, NC

REAL ESTATE AUCTION - COMMERCIAL

Large Retirement/Group Home Facility in Louisburg, NC

This is a US Federal Bankruptcy Auction of a large retirement/group home facility located at 844 NC Hwy 39 South in Louisburg, NC. This 13,000+ square foot commercial building is situated on a large 5+ acre property near downtown Louisburg. It appears that this building was originally constructed around 1970 however, it currently sits in the later stages of a complete rennovation process that began in 2023/2024. It is estimated that the building and grounds renewal is approximately 75% percent complete, with some work remaining to complete the project. At the current stage of construction this building could be completed as a retirement or group home, medical/rehab facility, housing, or even other commercial uses.

This property is vacant and can be viewed or inspected by calling Mike Gurkins at (252)916-1005 or Dewey Dunn at (252)916-1002.

THIS AUCTION WILL BE HELD LIVE ON LOCATION AT THE PROPERTY (844 NC HWY 39 SOUTH) ON WEDNESDAY, JUNE 4, 2025 AT 12PM. THIS IS "AUCTION 3" OF SEVERAL AUCTIONS WE ARE HAVING IN YOUNGSVILLE AND THE SURROUNDING AREA THAT DAY. RETURN TO OUR MAIN PAGE TO SEE THOSE AUCTION LISTINGS.

*THERE IS NO UPSET BID RAISE PERIOD ON THIS AUCTION. YOU CAN NOT RAISE THE BID AFTER THE CLOSE OF THE LIVE AUCTION. THE HIGH BID AT THE LIVE AUCTION WILL BE THE FINAL BID.

FRANKLIN COUNTY TAX DATA

Maps, drawings, tax data... below by clicking "Maps & Brochures"

Address - 844 NC Hwy 39 South, Louisburg, NC

Parcel ID - 016830

Area - 13,348 SF

Acreage - 5.1653 acres

2024 Total Tax Value - $955,370.00

TERMS & CONDITIONS

SELLER – This property is being sold by CBA under Order of or with Notice to The United States Federal Bankruptcy Court

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – This property is being sold by Court order of having no liens.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted. The property is being sold “free and clear” of all liens, or with liens satisfied at closing.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - 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; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION

ANNONCEMENTS AT TIME OF AUCTION TAKE PRECEDENCE OVER ALL OTHER INFORMATION, WRITTEN, ADVERTISED, OR CONVEYED BY ANY MEANS.