PUBLIC AUCTION

VALUABLE REAL ESTATE

SATURDAY, APRIL 30, 2011

11:00 A.M.

Location: 5756 N. DuPont Parkway, Smyrna, Delaware. Formerly Duck Creek Antiques. Traveling North on SR-1, take Exit 114 toward Smyrna.  Turn right onto US-13 North.  Continue approximately 2.5 miles to property on the right. OR Traveling South on SR-1 merge onto US-13 South via Exit 119A toward Smyrna. Proceed approximately 2 miles to property on the left. Signs will be posted.

New Castle County Tax Parcel # 15-022.00-093: This unique commercial property situated just north of Duck Creek offers great possibilities and income potential.  With frontage on and access from busy US-13, the rectangular shaped lot contains .69 acres +/- of land with 200' +/- of road frontage.  The property is improved with a two story residential dwelling with two apartments on the second floor, an antique shop with one apartment on the second floor, and a detached two car garage.  The main dwelling contains 3398 sq/ft +/- of livable space on the first floor, with three bedrooms, 2 ½ baths, kitchen, living room, den, formal dining room, library and sunroom. The quality craftsmanship is evident throughout and includes hardwood floors, built in bookcases, wainscot, molding and chair rails. Two second story apartments contain 1664 sq/ft +/- of space, each with one bedroom, full bath, living room and kitchen with pantry.  There is a basement and floored attic for storage.  The antique shop contains 3,411 sq/ft +/- on the first floor, with a large retail showroom, bathroom and plenty of storage space.  The second story apartment contains 1,606 sq/ft +/- of living space, with two bedrooms, full bath, living room and kitchen.  There is oil fired hot air heating in both structures, two private wells, private septic system, and separate electric meters for each apartment.  The property is adorned with elaborate gardens on the south and east, red brick walls and walkways, cast iron fences, statues and fountains.  There is a paved driveway and parking area, and the location affords easy access to the Town of Smyrna, as well as many major routes including US-13 and SR-1.  You must see this property to appreciate all that it has to offer.

CALL TODAY FOR YOUR PRIVATE SHOWING.

Real Estate Terms: Purchaser shall pay $40,000 down payment day of sale with cash or certified check made payable to Wilson's Auction Sales, the balance to be paid within 60 days. Purchaser to pay all cost of examination, preparing and transferring deed. Purchaser shall pay the Delaware 1 1/2% State Realty Transfer Tax and the 1 1/2% New Castle County Realty Transfer Tax. Purchaser shall pay any and all other property tax, transfer tax and fees. If the above terms are not complied with, the down payment shall be forfeited. Seller reserves the right to accept or reject any and all bids, but it is their intent to sell the property. This property is being sold "as is and where is" with no expressed or implied warranty.  Announcements made day of sale supersede all advertisements.

Auctioneer's Note: For deed description and several color photos visit our website or contact our office. Don't miss this once in a lifetime opportunity. Mark your calendar, and plan to attend this Auction of valuable commercial real estate.  Please note that there will be No Buyer's Premium applied to your bid price.

"Professionals On The Move"

Dave Wilson, Auctioneer & Sales Manager

K. Wade Wilson, Auctioneer & Customer Service Representative

(302) 422-3454   Fax (302) 422-0462   www.wilsonsauction.com