Bankruptcy Auction of Frierich Foods Real Estate Salisbury NC

ONLINE ONLY 
June 13th - June 20th Starts Closing at 12 Noon


INSPECTION

Tuesday June 17, 2025 from Noon to 3 PM

Thursday June 19, 2025 from Noon to 3 PM


PROPERTY DESCRIPTION

Lot 1: Freirich Foods Production Facility


  • 815 W. Kerr Street, Salisbury, North Carolina (PIN: 5760-13-14-6264) 
  • Book 1232, Page 917 of the Rowan County Register of Deeds
  • Legal Description: L 6-8,26 PT 27,10 & 11
  • 45,810+/- sq. ft. main building with additional
  • 6,892+/- sq. ft. of storage in two out buildings
  • Situated on approx. 7.5+/- acres (Per survey, GIS shows 6.39 deeded)


Fenced and secured facility within City of Salisbury

Majority of the building is set up for refrigeration with ammonia system 

(currently non functional, can be repaired, parts are included in sale)

Solar array on roof - 377 Solar Panels 92.365 Kw system

Roofs are metal and membrane 

Dry Sprinkler System 


Located within easy access to I-85


A lease agreement exists between Freirich and Norfolk Southern Railroad. This lease is for $3060.00 annually for the railroad right of way. The buyer will need to continue this lease with Norfolk Southern Railroad.


Sale subject Bankruptcy Court approval, Case No. 24-50204, U.S. Bankruptcy Court, Middle District of N.C.


Lot 2: Residential Lot


  • 702 Holmes Street, Salisbury, North Carolina (PIN: 5760-13-24-0118) 
  • Book 1232, Page 917 of the Rowan County Register of Deeds


Residential parcel of approximately .26 Acres


Sale subject Bankruptcy Court approval, Case No. 24-50204, U.S. Bankruptcy Court, Middle District of N.C.



AUCTION MANAGER

Chris Crawford

919.935.1974

ccrawford@ironhorseauction.com


All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct, but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property.

Iron Horse Auction Company

174 Airport Rd.

Rockingham , NC 28379

[email protected] 910-997-2248

815 W. Kerr St Salisbury, 28144

Ends on 06/20/2025