$750,000

Check out this upcoming Commercial real estate auction featuring a prime 2-story brick building in the heart of historic downtown West Jefferson. Located at 113 N. Jefferson Ave on 0.06 acres, this property contains 4,987 total sq ft of finished space (2,481 sq ft on the main level and 2,506 sq ft on the upper level). Built in 1950 and zoned Community Shopping District, the building features central air, electric heat, city water/sewer, updated lighting, hardwood floors, large display windows, and two bathrooms. A unique natural slope provides direct, street-level exterior access to both the front of the first floor on N. Jefferson Ave and the rear of the second floor. The main level includes a large open retail area, shared office space, storage, and a restroom-currently occupied under a 1-year lease to provide immediate income. The vacant upper level offers another open floor plan, private office, restroom, and private exterior entry, allowing for immediate occupancy, second business expansion, or potential short-term residential rental conversion (subject to buyer town verification). Positioned in a high-traffic downtown block surrounded by local shops, restaurants, and High Country attractions, this property offers incredible versatility and income potential. Sold at auction; all uses should be verified with the Town of West Jefferson. Online Auction Ends Tuesday, November 10th, at 4 PM. BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that "an offer" has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller's acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating NC State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder's Agreement, maps, sample contracts, and property information. TERMS AND CONDITIONS: 10% Buyer's Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $25,000 is required on the day of sale. Close on or before December 28th, 2026. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. The Auctioneer is allowed to bid on behalf of the Seller up to, but not beyond the Seller's reserve price. Auction starts ending at 4 PM on November 10th, 2026. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.