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Seeking Guaranteed Bids
 
The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at 2300 Moores Mill Road Auburn, Alabama 36830.
 
 
Date:To Be Announced
Time:To Be Announced
 
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Description of Property: Commercial retail space with 4,872 square feet currently built out as a restaurant and a separate office space. Property is a free standing building located in a retail setting and in a very desirable location in Auburn, Alabama. Recent appraisal comparable sales values are $315.20 to $766.22 per square feet.
 
Minimum Bid: The minimum acceptable agreement to bid is $657,000.00
 
Bid Note: The Agreement to Bid must be received no later than April 30, 2010.
 
Click here for Agreement to Bid Form
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Click here for photos of property
 
To redeem the property under (Section 7425(d) of the Internal Revenue Code or Section 2410 of Title 28 of the United States Code), the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the ´United States Treasury Department´ in the form of a cashier´s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.
 
The Agreement to Bid and deposit should be sent to:
Name:Randall Johns
Title: Revenue Officer
Bureau: Internal Revenue Service
Address: 1285 Carmichael Way
Montgomery, AL, 36106
Phone: (334) 290-4008
 
Available images for this Item
Front View Bldg  
Front View Bldg
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Another Front View  
Another Front View
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Complete Side View  
Complete Side View
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Left Back Side of Bldg  
Left Back Side of Bldg
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Left Side View  
Left Side View
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Side View  
Side View
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For additional information, please contact Randall Johns
Updated: 4/8/2010
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