Wednesday, OCTOBER 9th, 2 P.M. (CST)
Commercial Real Estate Auction in Hokes Bluff, AL
An outstanding commercial 1.34 +/- acre tract sitting on the corner of US Hwy 278 and Appalachian Hwy.
Tract 1 is on the West side of the property and has 0.41 +/- Acres
with 125 +/- ft on US Hwy 278
Tract 2 is in the middle of the property and also has 0.41 +/- Acres
with 125 +/- ft on US Hwy 278
Tract 3 is on the East side of the property on the corner of US Hwy 278 and Appalachian Hwy and has 0.52 +/- Acres with 165 +/- ft on US Hwy 278 and 112 +/- ft on Appalachian Hwy
Real Estate will be offered in 3 Tracts and as a Whole!
US Hwy 278 West to East
Corner of US Hwy 278 and Appalachian Hwy
E to W from Appalachian Hwy
Appalachian Hwy North to South
We are very proud to offer this great commercial property in Hokes Bluff, AL.
LOCATION! LOCATION! LOCATION!
This commercial tract sits on a very desirable corner with a great daily traffic count of
11,620 on US Hwy 278 (2017, ALDOT, Alabama Traffic Data).
It is ideal for any type of commercial business and has all utilities available. We will offer the property in 3 individual tracts and then back as a whole.
Hokes Bluff is located in eastern Etowah County. It is bordered to the west by the cities of Gadsden (the county seat) and Glencoe, and to the northwest by the Coosa River. U.S. Route 278 passes through the city, leading west 9 miles to the center of Gadsden, and east 15 miles to Piedmont.
Hokes Bluff was established on a high bluff overlooking the Coosa River. The town was called "The Bluff", and was used as a lookout station for Native American tribes, as they could see a great distance across, up and down the Coosa River.
Settlers came into the area in the 1840s. Daniel Hoke Jr. was among the settlers, who came in 1850 and built a trading post and a blacksmith shop near the site of the bluff. The town was renamed "Hoke's Bluff" after him in 1853 by W.B. Wynne, a friend of Hoke.
Click any picture below to begin photo gallery.
Things to know for this auction:
Auction Site: On location at the corner of Appalachian Hwy and US Hwy 278.
Directions to Auction Site: From Gadsden at the intersection of US Hwy 431 and US Hwy 278, take US Hwy 278 East toward Hokes Bluff 5.7 miles to property on the left at the corner of US Hwy 278 and Appalachian Hwy. Auction signs are posted.
Preview: You may preview the property at any time.
Registration: Registration begins 1 hour prior to auction start time. All interested persons must register to bid prior to bidding.
Terms: The real estate is being offered subject to owner's confirmation.
There is a 10 % Buyer’s Premium on the Real Estate that will be added to Purchaser’s bid to arrive at the final bid price. The ten percent (10 %) Buyer's Premium is due on day of auction for the Real Estate and will serve as the deposit. The deposit will be held in escrow until closing. Balance due at closing. Closing will be held on or before November 8, 2019. This sale is not contingent on a potential buyer’s ability to obtain financing.
Survey Fee: We are selling from a sales plat. A new survey fee will be performed. If the property is sold in individual tracts the survey fee is $300.00 per tract. If the property sells as a whole the survey fee will be $600.00. Survey fees are due on day of auction.
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.