Ideal corner lot on Highway 74 directly across from entrance to Wingate University. 30 x 42 concrete building on site is former office of Wingate Police Dept. Existing building suitable for insurance or realty offices or can be demolished and redeveloped for other commercial uses. Two lots combined = .54 acres and 160 feet frontage directly on Highway 74. Property owned by Town of Wingate and is subject to governmental bid process per GS160A-269. Offer requires that 5% of bid price be deposited with City Clerk. Town must publish amount and terms of offer and allow upset bids for a period of 10 days. Upset bid must be 10% above existing bid and process is repeated until a final bid is made and accepted by City Council.