Thursday July 24th, 12 Noon local time.
By Order of the United States Bankruptcy Court!
100 Railroad Ave. Alderson, WV 24910.
Auction evaluation: Sunday afternoon July 20th from 3 pm to 5pm.
The Riverbend USA Auction Team is kindlied to announce the upcoming pending auction of one of the most graceful buildings in the tri county location. The previous structure for First National Bank of Alderson.
The Bank of Alderson, W.Va. Circa. 1898 - Plans have actually changed for the owner of this stunning railway boom town bank structure. The United State Bankruptcy Court has ordered this property to be provided sold the modern-day method, at PUBLIC AUCTION. A 10 % purchasers premium is in result for this auction. Contact us for complete terms.
According to the history book composed by Tom Dixon the brick and stone structure was constructed by Captain N.B Sheppard. The work on this excellent corner two story structure was finished in 1899. The upstairs originally housed a dry items shop while the downstairs was used for the day-to-day banking company in the quick growing town of Alderson. When a brand-new bank was developed on the Greenbrier side of town on Route 12, the First National Bank of Alderson made use of the building up until 1972. In communicating the home First National Bank recorded a covenant that for 15 years from the sale date that no banking operation be permitted in the building. This covenant is expired and in the current years this landmark has actually had a number of owners and numerous uses consisting of expert offices, ice cream parlor and home entertainment center, reception center, dental laboratory office, and so on. The structure has actually been just recently updated with modern-day HVAC systems for both the 2nd and main floors. The approx. overall square video of the building is 4400 sq. ft. +/-. Much of the interior woodwork is walnut and oak hardwoods. The huge walk in vault is still in place and functional and has been serviced in recent years by the locations foremost security gain access to company.
The property includes a huge paved parking area situated in between the bank and Alderson city hall. Other nearby company and operations include; the well-known Alderson's Store, household clinical clinic, home university hospital, pharmacy, US Post Office, funeral home, fire department, police department, and the historic C & & O Railway depot that still offers Amtrak service. The well-known Alderson Federal Prison Camp for Women is only approx. one mile west from the bank area. Alderson has just recently housed Martha Stewart throughout her incarceration and in years back well-known criminals including Tokyo Rose, Squeaky From, Sarah Jane Moore and others. Today Alderson FPC is a minimum security prison camp employing hundreds of local folks.
Area: 100 Railroad Ave. Alderson, WV 24910 (Corner lot South Monroe Street and Railroad Ave.).
Referred to as: Bank of Alderson building, ca. 1898.
Present use: Vacant.
Construction: Brick and stone exterior.
HEATING AND COOLING: Separate modern-day systems for each floor - Propane & & Electric
. Water & & Sewer service: Public Town of Alderson.
Electric service: Mon Power aka Allegheny Power.
High Speed Internet: Frontier DSL, Suddenlink Broadband, Air cards from cellular services.
Police and Fire security: Town of Alderson PD, Monroe County Sheriff's Dept. West Virginia State Police - Alderson Volunteer Fire Department, Tri County Fire Company, Alderson,.
Terms fast summary:.
A 10 % Buyer's Premium is in effect and shall be contributed to the auction block cost to enter into the overall contract deed cost.
The sale is non contingent upon financing, examinations, appraisals or any kind of contingencies.