Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Hickory Creek Office and Warehouse Bldgs.
Located Just Off Watt Road

180 Gladstone Road
Lenoir City, TN

Thursday, May 13th, 2010 - 11:00 AM
Inspection by Appointment

Click here for Equipment Auction Information
 

Special Financing Available from Green Bank: 

  • Commercial Building – Retail, Office, Warehouse
  • 15% Cash Down Payment
  • 20 Year Amortization
  • 7 Year Maturity
  • 6% Fixed Interest Rate 
Financing subject to proof of income, acceptable repayment        capacity, no bankruptcy or material adverse credit reporting, and
bank’s customer identification program requirements.

Hickory Creek Office & Warehouse Buildings

  • Approximately 5,000 SF Office/Showroom Building
  • Approximately 5,000 SF Separate Manufacturing/Warehouse Building
  • Situated on Approximately 1.25 Acres
  • Located in the Hickory Creek Area, just off of Watt Road

Office Building

  • Comprised of (3) levels
  • Main level has a Master Bedroom/Office, a Master Bathroom with Jacuzzi Tub, Kitchen, Formal dining Room and Showroom
  • Large, bonus room sits over the (3) car garage and contains a full bathroom
  • Upstairs has a sitting area at top of stairs with (2) Bedrooms/Offices and (1) Full Bathroom
  • Downstairs consists of (3) Office Areas, (1) Full Bathroom, a Full Kitchen and Storage Under the Stairs

Warehouse Building

  • (4) Suspended Gas Heaters
  • (2) 10' x 10' Rollup Doors - One is ground height and one is dock height
  • Ceiling Heights - 15.5' at the Eaves, 17' in the center

* Square footage and acreage is not guaranteed.  Information was obtained from the Loudon County Courthouse. 

Utilities Available:  Electric / Water / Sewer / Gas – Provided by LCUB

Zoning:  C-2 (General Commercial District)

Estimated Real Estate Taxes: Approximate Annual Loudon County Taxes: $1,748.87

Taxes to be pro-rated at closing.

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.

Directions:  Traveling southwest on I-40, take Exit 369 for Watt Road.  Turn LEFT at traffic light to cross over the interstate and travel 3/10 mile.  Take first RIGHT onto Hines Valley Road in front of the Fireworks Supermarket and travel 2/10 mile.  Continue onto Hickory Creek Road and travel 3/10 mile to property on LEFT.

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