Commercial Real Estate located at 1150 Old Cedars Lane, Flora, MS - Bonnette Auctions

Commercial Real Estate located at 1150 Old Cedars Lane, Flora, MS

Lot Number:1
Completed
Start Time:9/17/2024 10:22:56 PM
End Time:10/24/2024 7:02:34 PM
Bid Count:12
Starting Bid:$500,000.00
Bid Increment:$50,000.00
Current Bid:$1,050,000.00
Bidding complete

ONLINE COMMERCIAL REAL ESTATE AUCTION in Flora, MS

SELLING TO THE HIGHEST BIDDER

 

Bidding Ends Thurs. Oct. 24th 2pm

Property Location: 1150 Old Cedars Lane, Flora, MS 39071

 

Seize a rare investment opportunity with this vibrant, multi-use commercial building, set for online auction ending October 24th at 2 PM. This property at 1150 Old Cedars Lane, Flora, MS, is a hot spot for business, drawing consistent traffic and attention. Built in 2015, this two-story brick structure spans 9,598 gross square feet, with 8,000 heated square feet designed for a variety of uses. The winning bidder will own a cornerstone property in a bustling location.

 

The building’s interior is designed to impress, featuring a blend of modern and rustic charm with exposed beams, dry wall, stained concrete, and wood laminate floors. It comes fully equipped with an elevator, central air conditioning, and heating, providing both comfort and accessibility to all tenants and customers.

 

Currently configured for mixed-use, the property hosts a range of thriving businesses, including retail spaces, restaurants, and a salon, offering a steady stream of revenue and growth potential. This building is well-suited for investors looking to maximize their returns, whether through continued leasing or adapting the space to suit new business ventures.

 

Nestled in Flood Zone X, the location is not only safe but prime for sustained development. This property will sell to the highest bidder—don’t miss out on owning a prime piece of Flora’s thriving commercial landscape.

 

The clock is ticking. Position yourself at the center of business growth in Madison County, MS by bidding now!

 

Call to Action: Visit our auction site today, review the full details, and place your bid. Properties like this don’t come around often, and when they do, they don’t stay on the market for long. Act now!

 

For more information call Bonnette Auctions at 318-443-6614.

 

MS#791

No donations for this lot

Property Address: 1150 Old Cedars Lane, Flora, MS 39071

Bidding Ends: Thurs. Oct. 24th 2pm

Investment opportunity: 9,598 sq. ft. mixed-use commercial building in Flora, MS, built in 2015. Features retail, restaurant, and salon spaces with modern finishes like exposed beams and stained concrete floors. Sells to the highest bidder in an online auction ending October 24th at 2 PM. MS#791

REGISTRATION: In order to register for the auction, you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online. This can be emailed to info@bonnetteauctions.com. 

BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.

DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example, if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $10,000.00 would be put down the day of the auction.

FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.

DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days.

MS Lic#791

Louisiana
United States