Online Auction: Commercial Buildings in Wallace, NC


U.S. Treasury Real Estate

Online Bidding Only

August 9, 2018

Auction starts/ends:
10:00 am – 2:00pm (ET)

Property Location

406 N. Norwood & 309 E. Cavenaugh Streets, Wallace, NC 28466

Online Auction

Commercial Buildings in Wallace, NC
Two vacant commercial buildings located on the same parcel with 15-20 parking spaces being sold together.

Property Description

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.

Utilities: Electricity, Water, Sewer
Parcel No: 09-4173/09-E320
2016 County Taxes: $1,995.02 ±
Year Built: 1972 & 1974
Zoning: HB/Business District
Living Space: 3,137 ± sq. ft. total
Site Area: 31,200 ± sq. ft.
County: Duplin
Sale Number: 18-66-914

Questions about the sale/property: Email us at or call 703 273-7373.

Technical assistance: Contact us at with any technical questions about the online bidding process.

It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.

Thursday, August 9, 2018
10:00 am – 2:00 pm (ET)

Monday, July 30 and August 6, 1:00 – 4:00 p.m.

$5,000 cashier’s check. Payable to: CWS Marketing Group
  1. Create an account and validate with credit card information (only required once).
  2. Visit and click on “Register to Bid” next to auction.
  3. Download the Bid Deposit Form with bid deposit of $5,000 in the form of a cashier’s check payable to CWS Marketing Group.  Due no later than 5pm the day before the auction.  Once the deposit is received, an approval email notice will be sent to bidder.
  4. You may find bidding steps in our How to Guide.

Note: Credit cards are required during registration to verify your identity only. U.S. Treasury auctions do not accept credit cards as a form of payment for deposits. The credit card will be charged $1.00 for this process. This is an authorization only and the amount is released after verification. Bidders will need to accept the Terms & Conditions in order to establish an account.

Closing will be held within 30 calendar days of the date the Government signs the sales contract.

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