Auction Information
Auctioneer Yount Auction & Realty, Inc. 828-459-7335
Auction Date Sep 25 Auction
311 NC HIGHWAY 126
Time 12:00PM
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AuctionZip Auctioneer ID# 10482




12:00 PM


Former Convenience Store & Tackle Shop Building located at Entrance to Lake James

311 NC Highway 126 Nebo, NC

DIRECTIONS:  Take I-40 West Exit 94 (Dysartsville Road) Turn RGHT off exit and go 1/2 mile.  Turn LEFT onto US Highway 70 West.  Go 5.8 miles.  Take sharp RIGHT onto NC Highway 126. Property on RIGHT at corner of NC Highway 126 and Old Highway 10 (Harmony Grove Road). Building sits across the road from Nebo Elementary School..  WATCH FOR POINTERS AND SIGNS!!!!! 

DESCRIPTION OF REAL ESTATE: Convenience Store and Tackle Shop conveniently located near the entrance of Lake James in Nebo, NC.  According to the tax records, this block building has approximately 2212 square feet of retail space, and approximately 560 square feet of garage space, for a total approximate of 2772 square feet.  The building is located on a corner lot on a high traffic road, and sits right across the street from Nebo Elementary School. Included in the sale of the property is the check-out counter, ice maker, 120 feet-shelving, a 6-door walk-in cooler, coffee counter, minnow tank, canopy, sign, and gas pumps. There is a SECU ATM that has a lease which generates $300 per month in revenue, and the location of that creates additional retail traffic potential. Effective year date of the building is 1970. It is heated by oil heat and cooled by central air, which is less than 3 years old.  The roof is less than 6 years old.  Utilities are public water and septic tank. Corner lot is approximately 1/2 acre with paved parking. McDowell County Tax Parcel ID #1722-97-9965.  THIS IS A GREAT INVESTMENT OPPORTUNITY!!!!!!!!!! 

TERMS ON ABOVE REAL ESTATE:  10% down on sale day – Balance due in 30 days of confirmed final bid. Deposit is non-refundable.  10% Buyer's Premium will apply to the Real Estate sale upon closing ($2,500 MINIMUM).  All real estate information from tax records and is subject to verification.  Sold “as-is, where-is” with no guarantees, expressed or implied, of any kind. Sold subject to confirmation and all easements, right-of-ways, or lack thereof.  There are NO financing or inspection contingency rights for buyer. Seller is not obligated to make any repairs, changes, improvements or other modifications to the property. Buyers are encouraged to perform due diligence before day of sale, at buyers expense. Buyers will be guaranteed a title free and clear of all monetary liens meaning buyer(s) accepts the real estate purchased on the date of this contract “as-is, where-is”, in place and with all faults. Buyer(s) agrees to have title search at buyer(s) expense whereas any liens presented upon completion of title search, seller(s) may, at their own discretion, pay liens and transfer title to buyer(s) or render contract null and void. 

INSPECTIONS FOR REAL ESTATE: Monday, September 16, 2019 (12 PM – 2 PM), Monday September 23, 2019 (12 PM – 2 PM) or by appointment. 

REAL ESTATE NOTES: Underground tanks and fuel pumps have been removed by the State of North Carolina Environmental Services. All surrounding ground area has been mitigated of any possible contaminates upon removal.



NCAFL # 7756

P.O. BOX 742   CLAREMONT, NC  28610

(828) 459-7335  ID #10482 or #10483 

IMPORTANT NOTICE:  Although information has been obtained from sources deemed reliable, the auctioneer and the seller makes no warranty to guarantee expresses or implied, as to the accuracy of the information herein contained.  It is for this reason that buyers should avail themselves of the opportunity to make inspections prior to the sale.  The buyer acknowledges that he of an agent has inspected all of the assets upon which he will be bidding and/or does purchase.  Buyer agrees to accept assets purchased “as-is”, “where –is”, “in-Place”, and “with all faults”.  The auctioneer expressly disclaims on the part of the auctioneer as agent and the seller, any warranty as to fitness or usability of all the assets, and the buyer expressly waives any claim to any possible future use of the asset purchase whatsoever.  Auction company represents the seller only in any and all auction transactions.   All properties listed for auction are subject to sale prior to the auction.

The buyer does hereby assume and does agree to indemnify and hold the auctioneer and seller harmless from any future claim which shall pertain to the fitness or use of that asset as being purchase.  Announcements made on sale day take precedent over any previously printed material.  Not responsible for accidents. 


Auctioneer License Information: 4235

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