Prime Real Estate in Downtown Lenoir
City
An Excellent Location in the Heart of the
Revitalized Downtown Area
310 E. Broadway Street
Lenoir City, TN
Friday, July 10th,
2009 - 1:00 PM
SALE WILL BE CONDUCTED ON SITE
Equipment and Inventory Auction to Follow Real
Estate Auction
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Equipment Auction Information
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Contract
·
1,680 sq. ft. brick building
·
Minutes off of I-75
·
10
Minutes From Turkey Creek
·
Traffic Count – 12,000 vehicles per day
·
Built in 1962
This
building was once occupied by E.T.R. Diesel Performance, a company that
manufactured specialized pliers for automotive repair and electric
remote control cars. The sale of equipment, inventory, parts racking,
office furniture, and hardware will immediately follow the sale of real
estate.
Utilities Available: Electric
/ Water / Sewer / Gas provided by Lenoir City Utilities Board
Zoning: C-2
– Central Business District
Estimated Real Estate Taxes:
Approximate Annual Real Estate County Taxes – Approx. $746.94
Approximate Annual Real Estate City Taxes – Approx. $548.60
Approximate Total Annual Taxes – Approx. $1,295.54
Loudon County Tax
Rate - $1.84 per assessed $100
Lenoir City Tax Rate - $1.30 per assessed $100
Buyer to be
responsible for delinquent taxes plus penalties and interest
Directions:
Traveling south
on I-75 towards Chattanooga, take Exit 81 Lenoir City / Oak Ridge. Turn
left onto US-321 S and travel for 2.7 miles. Turn right onto E Broadway
Street (US-11) and travel for ½ mile to property on left.
Terms: CLOSING - DAY OF SALE ON BOTH REAL AND
PERSONAL PROPERTY - 10% Buyer's Premium - Successful bidders
must close and pay the full purchase price (including 10% Buyer's
Premium) on the day of the sale in the form of cash or certified funds
plus a real estate sales contract must be signed.
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