Former Paramount Furniture showroom to be auctioned

The former Paramount Furniture showroom at 1100 N. Main St. in High Point will be sold at an open auction on March 22.


The Chartwell Group, a Cleveland-based commercial real estate company, is working with Audie Cashion Auctions, a High Point firm, on the sale of the property.
The property consists of 5,600 square feet of office and showroom space, and an adjoining 2,500 square feet of warehouse space. It was renovated in 2004 in a process that restored it to its 1902 look. It is zoned General Business.
The published reserve price on the property is $485,000, meaning that is the lowest bid that could be accepted for sale at the auction. On-site inspections will be available March 7, March 15 and March 20 from 1 p.m. to 3:30 p.m.