In order for any bids to be placed there must be proof of funds or a bank letter of guarantee submitted following registration. Those can be sent to info@bonnetteauctions.com. Please read all terms and conditions before placing any bids. There will be a 10% buyer's premium. LA#818
2,448± Sq.Ft. Commercial Brick Building – 506 Main St., Colfax, LA
Commercial Property Auction – 506 Main Street, Colfax, LA
Online Auction: Tuesday, December 2, 2025 at 10AM
Solid investment opportunity in the heart of Colfax, LA. This 2,448± sq.ft. brick commercial building offers four bathrooms, a kitchen, central A/C (2 years old), and a recently replaced roof (1 year old). Measuring 32’ x 74’, the layout is ideal for a variety of business or office uses. Located at 506 Main Street, this well-maintained property also includes a built-in income stream—seller will lease back the building for 12 months at $1,000/month.
Don’t miss this chance to invest in a clean, income-generating property.
📍 506 Main Street, Colfax, LA 71417
💻 Online bidding ends December 2 at 10AM
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 30 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 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.
Technology Disclaimer and Auction Postponement Rights
Bonnette Auction Company, LLC is not responsible for any technical issues, delays, or malfunctions affecting the bidding platform, website, internet service, or software. In the event of a system outage, website error, or any other technological failure that interferes with the conduct of the auction, we reserve the right to postpone, extend, or reschedule the auction at our sole discretion. Any such decisions will be communicated as promptly as possible through our website and/or by direct communication to registered bidders.
LA#818
Colfax, Louisiana 71417
United States