Ideal corner lot on Highay 74 across from Wingate University. 30 x 42 concrete block building on site is former police station. Existing building suitable for insurance or realty offices or can be demolished and redeveloped for other commercial uses. Two lots combined = .54 acres with 160 ft frontage on Highway 74. Property owned by Town of Wingate and is subject to governmental bid processper GS 160A-269. Offer requires that 5% of bid price be deposited with City Clerk. Town must publish the amount and bid 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. Council may at any time reject any and all offers.