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National Commercial Auctioneers to Conduct Auction of Two Properties in North Carolina

BLACK MOUNTAIN, N.C., Feb. 14, 2013 (GLOBE NEWSWIRE) -- National Commercial Auctioneers (www.NatComAuctions.com) announce the auction of a 35,500+/- sf showroom and warehouse in Black Mountain and a 3.13+/- acre residential lot in Columbus. The auctions will take place on-site on Thursday, March 7th at 12pm EST and 4pm EST, respectively. "We are excited to offer both of these properties for sale at auction," comments Randy Ligon, Regional Director, Auctioneer and Broker for National Commercial Auctioneers. "The Black Mountain property was a well-known, successful furniture showroom location for over 30 years. With only a $100,000 reserve, this is sure to be a well-attended auction. The lot in Columbus is in a nice residential neighborhood, and would be a majestic setting for a new home. Builders definitely need to be there!"

The first property, located at 141 S. Richardson Blvd. in Black Mountain, is a 35,500+/- square foot solid concrete and steel constructed building that features a glass front showroom and 11-12.5+/- foot ceilings. The building has a flexible floor plan that could be divided for multiple uses. Built in 1971, the property is situated on a 1.09+/- acre corner lot and contains 7+ parking spaces. Visible from the Main Street Business District and conveniently located less than a mile from I-40, this property has great upside potential. The owner ordered auction will take place on-site at 12pm EST on March 7th.

The second property, located at 7 Smith Dairy Road in Columbus, is a 3.13+/- acre wooded residential lot. The lot, which already has septic approval, is located in the Huntview Subdivision. The subdivision is a protected community which consists of large acreage lots giving the feel of a private retreat. It features easy, year-round access to shopping and schools and is zoned for Tryon Elementary. The average listing price for the zip code this property is located in is $317,328. This bankruptcy auction will take place on-site at 4:00pm EST on March 7th.

For more details, including inspection times and complete terms, please visit www.NatComAuctions.com or call 877-895-7077.

National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market driven auction for every kind of commercial property.

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CONTACT: Media Contact: John Pellow 877.895.7077Source: National Commercial Auctioneers