HISTORIC ON-SITE AUCTION


SAT., MAY 19, 2012 - 9:00 AM


4093 & 4111 Gasburg Road, Gasburg, Virginia - Brunswick County

REAL ESTATE OFFERED AT 12 NOON - NO BUYER'S FEE

SUBJECT TO OWNER'S CONFIRMATION

2.99 +- Commercial Acres with 1870's 3800 sq. ft. Homestead & 1870's 3000 sq. ft "C.B. King General Merchandise" Country Store




C.B. King General Merchandise 1870-1935 was built and operated by John James King at the end of the Civil War, the store was renamed C.B. King General Merchandise when John’s son, Charles B. King, became the proprietor in 1896. At the time, the store was considered the largest and most up to date in Brunswick County and sold groceries, dry goods, men’s and women’s clothing, shoes, and caskets. The upstairs served as a hat shop and carpentry shop for over 25 years. The store is a great location for that business you’ve always wanted. With its original counters and shelving, this country store transports the visitor back in time. With over 1,800 square feet of floor space, updated wiring, a rear deck and an additional 1000 square feet upstairs, the country store can be described in one word: opportunity. Husband and wife team Jim Halley and Huyen Bui are only the second owners of the property since it was built. The King family operated the store, a cotton gin and small farm until the store was closed in 1935 during the Great Depression. It remained closed until the current owners purchased it in 2004. The ice cream shop and kitchen are located in what once was a grocery store.

The King family homestead located next door to the store was built in the 1870’s with 9 formal rooms, over 4000 square feet, seven fireplaces, column wrap-around porch, and plenty of land to expand. Large rooms for special events, 4 entrances for easy access, central air and heat all work together to make this facility an ideal place for your new business. It remains a wonderful example the late 19th century Southern rural architecture with its simple elegance and graceful details. The home and store are perfect for special events and private meetings.

Lake Gaston just 2 miles away is well stocked with game fish, and is over 20,000 acres and 350 miles of shoreline. There is plenty of room for boating, fishing, sailing, tubing, water skiing, wake-boarding and jet skiing. Public boat ramps, marinas, golf, shopping, a winery and lakeside dining are easily accessible within a short drive.

Low annual real estate taxes totaled only $1,031 in 2011.

REAL ESTATE TERMS: 10% Deposit Certified Funds day of auction
Settlement 30 days
No Buyer’s Fee
Sale subject to owner’s confirmation.
Shown by appointment only.
Real Estate Package Available Upon Request.
See link to color images below.



PERSONAL PROPERTY from the Old Store, Homestead & Other Select Antiques include:

COUNTRY STORE ITEMS - ADVERTISING - SHOWCASES - GAS PUMPS
OLD STORE SIGNS - RARE COCA-COLA ITEMS - ANTIQUES
CAFE TABLES & CHAIRS - FURNITURE - GUNS - COLLECTIBLES
ACCESSORIES - IRONWARE - ACCUMULATIONS - OUTBUILDING CONTENTS - MUCH MORE!



Auction Terms: Cash, Good check with proper ID, Visa,
MasterCard and American Express accepted.
MUST HAVE PHOTO ID TO OBTAIN BID NUMBER.


NO BUYER'S FEE CHARGED & NO RESERVES.

Good Food by Olive Branch Methodist Church, Gasburg, VA

CLICK HERE FOR COLOR IMAGES & DETAILS

Phone Auction: 434-696-2030 Cell: 804-721-8099

Auctioneer: Ann Smith VAAL #2951 - Auction Firm #0813

Post Office Box 219 - Victoria, VA 23974

Email: victorian@ctsi.net
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