6900 Vaughn Road, Montgomery, AL 36116

Online Only Absolute Auction of 4,000±SF Former Bank Branch

Online Only Absolute Auction 4,000±SF Former Bank Branch 6900 Vaughn Road, Montgomery, AL 36116 (Montgomery County) Bidding Opens: Monday, November 4 at 11:00 AM CT Bid Deadline: Wednesday, November 13 at 11:00 AM CT Inspection: Monday, November 11 at 4:00 PM CT SHARP Sale Manager: Jeb Howell Property Description: 6900 Vaughn Road is a former bank branch built ca. 1989. The property is situated on the very busy signalized intersection of Vaughn Road (176'± frontage) and Bell Road (116'± frontage) with curb cuts onto each. The August 2019 survey shows a footprint of 4,008± SF on 1.483 acres. The site includes 7 covered drive-through lanes and 45 marked parking spaces. It is located in a residential area near retail shopping centers and one mile from Walmart, Publix, AMC movie theatre and more. A July 2019 Phase I Environmental Site Assessment has revealed no evidence of RECs, CRECs, HRECs, or VECs in connection with the subject property. PROPERTY HIGHLIGHTS -Great retail or office location at the intersection of Vaughn Road and Bell Road. 30,000 VPD. -Site has 45 total parking spaces and includes 7 covered drive-through lanes. -Space includes lots of windows and natural light in both the main lobby and private offices. -Property includes a spacious lobby, private offices, kitchen, storage, and more. -Well-landscaped property with great ingress/ egress. Zoning Description B-2 Montgomery County Parcel 09 09 30 1 000 032.001 Montgomery County Appraised Value $1,129,000 Montgomery County 2018 Taxes Paid $8,261.54 Terms: Proof of Funds Required to Bid, 10% Buyers Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 1% Broker Co-Op, close in 20 days. Julian E Howell, AL Auctioneers License #1682