Adjacent Lots Less than 3/10 mile from I-40 Interchange

Thursday, June 5th, 2008 - 2:30 PM
Inspection: Thursday, May 29th, 11AM - 3PM

3% Broker Participation Offered

Click here for Auction Brochure

• Adjacent Lots
• Less than 3/10 mile from I-40 Interchange
• Commercial Zoning
• Ideal for Fast Food/Medical/General Office
• Road Frontage on New North Kentucky St. & North Kentucky St.

Property One: 1212 N Kentucky St. Kingston, TN

• Approx. 2,354 sf
• 8 offices
• Separate Men's & Ladies Rest Rooms
• Large reception area
• Kitchen & dining/Break Room
• Detached garage & basement storage
• 12 paved parking spaces

Property Two: 1203 N. Kentucky St. Kingston, TN

• Approx. 1,320 sf
• 3 Offices
• Large Conference area
• Large reception area

Utilities Available: Electric - Rockwood Electric
Water/Sewer - City of Kingston
Natural Gas - Oak Ridge Utility District (available to both properties but currently only connected at 1203 N. Kentucky St.)
Zoning: Commercial
Estimated Real EstateTaxes: 
Property One: (1212 N. Kentucky St.) County $1,853.18 annually - City $948.48 annually
Property Two: (1203 N. Kentucky St.) County $1,363.47 annually - City $697.84 annually

Taxes to be Pro-rated at closing

Directions: From Interchange of I-40 and N. Kentucky Street, travel N. on N. Kentucky Street approx. 3/10 mile to property on right.

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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