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Former Children of Today Child Development Center to be Sold to Highest Bidder at Government Foreclosure Auction
  • USA - English


News provided by

Maas Companies

Mar 31, 2023, 15:35 ET

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 Government Foreclosure Auction
Government Foreclosure Auction

WINGATE, N.C. (PRWEB) March 31, 2023 -- The former day care facility will be auctioned off on Tuesday, May 9th at 1:00 pm. The courthouse foreclosure sale will take place at the Union County Courthouse lobby located at 400 North Main Street, Monroe, NC, 28112. The auction will be conducted by a court appointed commissioner. Maas Companies Inc is assisting the commissioner in promoting the auction and coordinating absentee bidding. Maas specializes in the marketing and liquidation of specialized assets for banks, lenders and government agencies nationwide.

"The property has a suggested minimum bid amount of $250,000 and will sell to the highest bidder above that amount. It is an excellent opportunity for an investor or business owner to purchase a seven-year-old commercial property in Wingate for much less than replacement cost," Tyler Maas

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The 3,192 Sq. Ft. commercial building was built in 2016 on 1.49 acres of land. The property has a great location with 70 feet of frontage on Highway 74 with 27,000 cars per day that pass by.

“The property has a suggested minimum bid amount of $250,000 and will sell to the highest bidder above that amount. It is an excellent opportunity for an investor or business owner to purchase a seven year old commercial property in Wingate for much less than replacement cost,” Tyler Maas, Maas Companies said.

Wingate, a SE suburb of Charlotte, has a population of 4,724 (up 13.8% over 2020). Wingate is home to Wingate University and 3,400 students on three campuses that live in the community. North Carolina has the lowest corporate income tax rate in the U.S. North Carolina is the #1 best state for business 3 years running, a top 10 state for starting a new business and a top 5 fastest growing state in the U.S.

Potential buyers are encouraged to visit the auction website for complete auction and bidding information. Bidders can view a drone tour and photos of the property at the auction website, http://www.maascompanies.com. Bidders can contact the auction company directly at 507-285-1444.

###

Allison Guyton, Maas Companies, http://www.maascompanies.com, 1 507-285-1444, [email protected]

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