| Income Producing
Automotive Commercial Building Situated on Approximately 0.86 Acres
Occupied by Sam's Automotive
609 Cooper Street
Knoxville, TN
Friday, May 7th, 2010 - 11:00 AM
·
Monthly Rental Income of $2,000 per Month
·
Month to Month Tenancy
·
Approximately 4,248 SF
·
7 Drive-In Service Bays with Steel Roll-Up Doors
·
Office/Reception Area
·
Built in 1950
·
Fully Fenced with 6’ Chain Link Fencing
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Approximately 256’ of Road Frontage Along Cooper Street
·
Located at the Intersection of Cooper Street & W 5th
Avenue
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Highly Visible Corner Location
·
Just West of Broadway
* Square Footage believed to be accurate
but not guaranteed. Information has been obtained from the Knox County
Courthouse
Zoning:
C-4 Highway & Arterial Commercial District
Utilities:
Electric / Water / Sewer / Gas
Estimated Real Estate Taxes:
Estimated Annual 2010 City: $1,693.46
Estimated Annual 2010 County: $1,624.62
Total Estimated Annual Taxes: $3,318.09
Being Sold Subject To Current and Back Taxes
Directions: From downtown,
travel North on Broadway Street. Turn LEFT on W 5th Avenue, just before
you reach St. John's Lutheran Church and travel 1/10 mile to property on
RIGHT at the intersection with Cooper Street.
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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