Former Albany Regions Bank facility up for auction

The former Regions Bank facility at 333 W. Broad Ave. will be sold via an absolute online auction.

ALBANY — The former Regions Bank branch located at 333 W. Broad Ave. is for sale via an online-only auction.

The bid deadline is noon June 6. The roughly 22,300-square-foot, three-story brick building was constructed in 1954 and renovated in 2007. The building has 50 parking spaces and is located on 1 acre of land.

There are also four drive-through teller lanes at the facility.

Auction Management Corporation said the auction is an absolute auction. The property will sell to the highest bidder, regardless of price. A 10 percent buyer’s premium will be added to the winning bid amount.

An earnest money deposit of 10 percent of the purchase price will be required, and the winning bidder must close within 30 days.

Property inspection will be held at 11 a.m. May 30. For additional property information and documents, visit www.amcbid.com.

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