Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Approx 2,643 s.f. Commercial Building in
Downtown Loudon


311 Gay Street
Loudon, TN

Saturday, November 21st, 2009 - 11:30 AM

2% Broker Participation Offered

Click here for Broker Participation Form


 

  • Commercial Investment Opportunity
  • Great Location
  • Located at the intersection of Gay Street and Grove Street

 

Utilities Available:  Electric / Water / Sewer / Gas
Zoning:
C-1 (Central Business District)
Estimated Real Estate Taxes:

311 Gay Street:
Loudon County – Approx. $113.28
Loudon City – Approx. $65.49
ANNUAL TOTAL – Approx. $178.77

Directions: From I-75S, take exit 72 (Loudon) to left on TN-72E.  Travel 2 ½ miles to traffic light.  Turn left on Mulberry Street (US-11) and travel 2 miles to downtown Loudon.  Turn left on Grove street and travel 1/10 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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AUCTION DOCUMENTS

Auction Brochure
Broker Participation Form
City Tax Card
County Tax Card
Loudon Historic Guidelines
Tax Information
Traffic Count
Traffic Map
Utility Information
Zoning Information
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