US Dept of the Treasury Seized Real Property Banner
Commercial Property
Seized Real Property in conjunction with IRS-CI
406 N. Norwood & 309 E. Cavenaugh Streets, Wallace, NC 28466
406 N. Norwood & 309 E. Cavenaugh Streets, Wallace, NC 28466
ONLINE AUCTION
Online Auction Starts: Thursday, August 9, 2018 at 10:00 a.m. ET
Online Auction Ends: Thursday, August 9, 2018 at 2:00 p.m. ET
Register to Bid: Follow the 3-step registration process below
Open House: Monday, July 30 and August 6, 1:00 - 4:00 p.m.
Deposit: $5,000 Cashier's check made payable to CWS Marketing Group, Inc
Download the Bid Deposit Form and mail with your deposit to qualify to bid.
Starting Bid: $5,000

Cashier's checks made payable to bidder's name CANNOT be accepted

Utilities: Electricity, Water, Sewer
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Parcel No: 09-4173/09-E320
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2016 County Taxes: $1,995.02 ±
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Year Built: 1972 & 1974
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Zoning: HB/Business District
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Living Space: 3,137 ± sq. ft. total
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Site Area: 31,200 ±sq. ft.
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County: Duplin
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Sale Number: 18-66-914
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COMMERCIAL BUILDINGS Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS. Two vacant commercial buildings located on the same parcel with 15-20 parking spaces being sold together. The corner lot has 155’ of frontage on N. Norwood and 190’ of frontage on E. Cavenaugh. The building at 406 has 1,887 ± sq. ft. of retail space with a canopy. The building at 309 has 1,260 ± sq. ft. of retail space with an awning.

There is a 3-step registration process to bid on this property:
1. Create an account with CWS
and validate with credit card info (only required once).
2. Visit
auctions.cwsmarketing.com and click on "Register to bid" next to auction.
3.
Download the Bid Deposit Form and mail with your deposit check.
Form and check due no later than 5pm the last business day before the auction.

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