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Four Bank Owned Properties In Virginia And North Carolina

Accelerated/Sealed Bid Sales - Ordered Sold & Closed By End Of 2018 - 3 Bank/Office/Retail Buildings & 1 Development Tract 

SEE INDIVIDUAL PROPERTY WEBSITES FOR SPECIFIC TERMS & CONDITIONS FOR EACH PROPERTY

CONTACT RICHARD BRYAN - (804) 655-2412 OR TIM DUDLEY - (757) 288-1854 FOR MORE INFORMATION

SALE SCHEDULE:

204 Carmichael Way, Chesapeake, VA - Accelerated Sale @ 11 AM On 11/08/18 - Click Here To Register

100 Bosley Ave., Suffolk, VA - Accelerated Sale @ 2 PM On 11/08/18 -  Click Here To Register

112 Corporate Dr., Elizabeth City, NC - Sealed Bid Sale - Bids Due By 4 PM On 11/08/18 - Click Here For More Information

2.68 AC On Richmond Hwy. (RT 360), Tappahannock, VA - Sealed Bid Sale - Bids Due By 4 PM On 11/08/18 - Click Here For More Information

SVN/Motleys, in conjunction with Cushman & Wakefield | Thalhimer and Cross Realty, is coordinating the sale of four properties owned by Union Bank & Trust, including a bank branch/office/retail building, a bank operations facility, a bank/office/operations center, as well as a 2.68-acre tract of land zoned A-2 by Essex County. All four sales will take place on Thursday, November 8, 2018. 

The first property for sale is the bank/office/operations center located at 204 Carmichael Way, Chesapeake, Virginia. Constructed in 2008, this two-story building features four drive-through lanes, an elevator, sprinkler system and many other amenities. It is highly visible off SR 168 and totals 10,660 square feet. The accelerated sale will be at 11 a.m. on Nov. 8.

The bank branch/office/retail building located at 100 Bosley Ave., Suffolk, Virginia is the second property for sale. It contains four private offices and nearly 2,600 square feet. Everything is still in place at this branch building: the vault, safe-deposit boxes, teller safes and drive-through equipment. The buyer can readily convert this into office or retail space for a business in downtown Suffolk. The accelerated sale will be at 2 p.m. on Nov. 8. 

The third property, a bank operations facility that was constructed in 2005 in Elizabeth City, North Carolina, is available via Sealed Bid Sale, with bids due on Nov. 8 by 4 p.m. This property is located at 112 Corporate Dr., inside the Pasquotank Commerce Park, and totals 24,506 square feet on an 8.58-acre site just north of downtown Elizabeth City.

The fourth property is 2.68 acre tract of land along Richmond Highway/Route 360 in Tappahannock, Virginia. Zoned A-2 by Essex County, the land has more than 450 feet of road frontage and is approximately three miles from the Tappahannock-Essex County Airport. This property is being offered via Sealed Bid Sale and bids are due on Nov. 8 by 4 p.m.