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Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Formerly Known as C and S Market


100 First Avenue N
Baxter, TN

Thursday, January 28th, 2010 - 12:00 Noon CST

 

 

·         Approx. 1,845 SF Warehouse

·         Approx. 1,620 SF Convenience Building

·         Built in 1959

·         Located at the intersection of 1st Avenue and Main St. directly across from Baxter United Methodist Church.

·         3 Gasoline Tanks - (2) Gasoline Tanks, (1) Diesel Tank             (10,000 / 8,000 / 2,000)

·         Tanks are registered with the State 

Zoning: C-2: General Commercial District
Utilities:
City of Baxter provides Water and Sewer. Upper Cumberland provides Electricity. Middle Tennessee Natural Gas provides Natural Gas (available but not connected)
Estimated Real Estate Taxes
:
Estimated Annual Baxter City Taxes: $640.86
Estimated Annual Putnam County Taxes: $1,068.00
Total Estimated Annual RE Taxes: $1,708.86
 

            Taxes to be pro-rated at closing

Directions: Off I-40 take Exit 280, TN-56 N toward Baxter/Gainesboro. Turn onto TN-56/Baxter Rd headed North and travel 0.1 miles. Turn Left at the first stop light onto 1st Avenue S and travel 1.3 miles. Arrive at 100 1st Avenue N. on Left immediately after crossing the railroad tracks.


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 ON OR BEFORE FEBRUARY 17TH, 2010. NO EXTENSIONS AVAILABLE.

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AUCTION DOCUMENTS

Auction Brochure
Directions
Executive Summary
Tax Information
Title Commitment
Underground Storage Tanks and Environmental Information
Utility Information
Zoning Information
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