Auction Information
LIVE and ABSOLUTE Auction! Collinsville, AL
LIVE and ABSOLUTE Auction - Collinsville, Alabama - Former Financial/Banking location that includes furniture, fixtures, and equipment
Discover a rare investment opportunity in Collinsville, Alabama a LIVE and ABSOLUTE auction featuring commercial building that presents immense potential for redevelopment, rental income or owner-occupancy. This event by Granger & Thagard Auction and takes place Thursday, November 20. Property is being sold as-is, where-is, giving you a transparent, expedited path to ownership.
Building sits on ~1 Acre off Exit 205 on I-59 with city water and sewer. Potential to move the building to another property.
Zoning - B-3 Tourist / Commercial
Traffic County - 4,906 daily!
Potential Uses: Hotel, Food, service station, or anything that caters to Interstate 59 travel!
Building is modern modular with drive-thru, two offices, lobby, kitchen and two restroom...
Building is modern modular with drive-thru, two offices, lobby, kitchen and two restrooms! ~ 2700 square feet with HVAC.
Auctioneer Notice: This is a great building designed for banking.
Tour Dates
- 11/6/2025 - 11-1
- 11/13/2025 - 11-1
- 11/20/2025 - 11-1
Real Estate Auction Terms:
-Buyers Premium - 10% Auction Fee (Buyers' Premium) will be added to the high bid to determine the Final Contract Price (FCP)
- Earnest Money - The winning bidder must immediately tender earnest money equal to 15% of the Fincal Contract Price or $15,000, whichever is greater.
- Closing Terms - Purchaser agrees to close withing 40 calendar days of the auction date - All closing costs, title fees, and survey costs (if needed) are paid by the purchaser - Closing handled by attorney and title company selected by Granger Thagard.
- Additional Terms - Property sells AS IS - WHERE IS, with no warranties expressed or implied. Granger Thagard represents the seller exclusively and does not act as a duel agent. The seller and Auctioneer reserve the right to withdraw the property prior to the auction if a qualitifying offer under auction terms in accepted. In such case, notice of cancellation will be posted on auction website.
Announcements from the auction stand supersede all prior advertising, printed material, and online posts.
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About Jack F Granger #873, CAI
Granger, Thagard & Associates, Inc is an Auction Marketing firm operating out of Birmingham, AL. For a study of our firm, including recent past and current auctions, letters of reference, company newsletters, auction philosophies and our staff... please view our website @ www.gtauctions.com We look forward to meeting you and educating you on how we can best serve your needs... Jack F. Granger and George W.(Bill) Thagard