Furrow Auction Company
REAL ESTATE AUCTION
 
Approx 96,000 sf Building ideally located at I-40 and Western Avenue -  Known as Braden's Fine Furniture


1335 Western Avenue
Knoxville, TN

Friday, November 6th, 2009 - 12:00 Noon
Open House: Shown By Appointment Only

Braden's Fine Furniture store has been a Knoxville institution for over 50 years. What started out as a wholesale furniture distributor is now Knoxville's premier furniture destination. The success of the downtown store prompted the opening of Braden's Lifestyles in Turkey Creek in 2004 and that is where they will continue to operate. The relocation and success of Braden's Lifestyles in Turkey Creek has led to the Western Avenue location being surplus to their needs.

SPECIAL BANK FINANCING!

PINNACLE NATIONAL BANK

  • 15% Down Payment

  • 15 Year Amortization - 5 Year Maturity

  •  7% Interest Rate

SUBJECT TO PRE-QUALIFICATION

CONTACT: NATHAN HUNTER AT 865-766-3015

 

2% BROKER PARTICIPATION OFFERED

Click here for Broker Participation Form

 

·         Approximately 96,000 Square Feet

·         Sits on approximately 2.1 Acres

·         Excellent visibility from I-40

·         Building has Sprinkler System

·         Heated and Cooled

·         Traffic Count

            Approximately 20,000 Vehicles Per Day on
    Western Avenue         
    Approximately 120,000 Vehicles Per Day on I-40 East
   

    

 

Zoning: I-2 Industrial Zone
Utilities:
Water/Sewer/Electric/Gas – Provided By KUB
Estimated Real Estate Taxes
:
Estimated 2009 City: $15,077.08
Estimated 2009 County: $14,610.00 
      

Directions: Traveling east on Middlebrook Pike, continue to the intersection of Middlebrook Pike and Western Avenue.  Turn right on Western Avenue and travel ½ mile to property on left.


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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AUCTION DOCUMENTS

Auction Brochure
Aerial Photo
Broker Participation Form
City Tax Report
I-2 Zoning Map
I-2 Zoning Regulations
KGIS Report
Knox County Tax Report
KUB Utility Letter
Property Information Packet
Survey
2009 Appraisal
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