The owner of Laurinburg Machine Company Inc. of 402 Fairley Street in Laurinburg has announced his retirement. This family owned business has been in operation since 1909. This is a rare opportunity to purchase a turn key business with a widely recognized name. Pre-auction offers on the real estate, machinery, equipment and inventory are encouraged!
If the high bidder of the real estate makes an acceptable offer on the equipment and inventory the seller reserves the right to cancel the personal property auction.
REAL ESTATE AUCTION:
October 30th at 8am - November 6th at 12pm
October 30th at 8am - November 7th at 12pm
Fairly Street & McLaurin Avenue in Laurinburg, NC
November 2nd from 10am -3pm
Auction Lot 1
Commercial building and lot located on Mclaurin Avenue in Laurinburg, NC
Parcels 01-0002-01-009, 01-0002-01-005-01, 01-002-01-007
Building addresses are 105 & 109 McLaurin Ave.
+/- 32,904 SF Machine shop with drive thru paint booth, 8 bay doors, garage, offices, fenced lot consisting of +/- 1.007 acres. Total tax value of $482,420.00
Auction Lot 2
Vacant lot located at 201 McLaurin Avenue in Laurinburg, NC
Auction Lot 3
Vacant lot located at 407 & 409 Fairley Street in Laurinburg, NC
All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property.