Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Approx. 32,000 s.f. Commercial Building on 3.69 Acres - Former Site of Rivergate Saturn Automobile Dealership


1535 Gallatin Pike
Madison, TN

AUCTION TO BE HELD ON-SITE

Thursday, December 8th, 2011 - 12:00 Noon
Inspection: Friday, December 2nd, 2011
10:00 am - 2:00 pm
 

2% Broker Participation Offered

Click here for Broker Letter





·         Approx. 3.69 Acre Site

·         Approx. 32,000 s.f. with ideal mix of retail showroom, office space and service area/warehouse space

o        Showroom:            Approx. 2,661 s.f.

o        Office Space:         Approx. 6,536 s.f.

o        Service Area:        Approx. 22,700 s.f.

·         Built in 1990       

·         Approx. 240’ of Frontage on Gallatin Pike (Hwy 31E)

·         Avg. Daily Traffic Count Approx. 29,000 Vehicles

·         Ideal Location Convenient to Nashville, Hendersonville & Gallatin

 

Zoning: CS (Commercial Service)
Utilities:
Electric: Nashville Electric Service
Water/Sewer: Madison Suburban Utility District
Natural Gas: Piedmont Gas

Estimated Real Estate Taxes:

County: Approx. $37,024.00

 

BID ONLINE AT

 

Directions: From the intersection of Hwy 31E (Gallatin Pike) and Vietnam Veterans Parkway in Hendersonville, travel SW on Hwy 31E approx. 3.0 miles to property on left.

Terms: 10% Buyer's Premium for Onsite Bidders, Additional 3% Buyer's Premium for Online Bidders - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) on sale day in the form of cash, certified check or wire, personal or company check, plus a real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON WEDNESDAY, DECEMBER 28TH, 2011. NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed.

Have a Question about this Auction?  Click here to send e-mail directly to a Furrow Representative.

**All Square Footage and Acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

 
         
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AUCTION DOCUMENTS

Auction Brochure
Appraisal - August 2008
Appraisal - February 2011
Broker Letter
Due Diligence
Metro Nashville CS Zoning Code
Metro Nashville Property Record Card
Metro Nashville Zoning Land Use Table
Online Bidder Registration Form
Online Bidding Contract
Online Bidding Terms & Conditions
Phase One Environmental Site Assessment
Property Survey
Tax Information
Title Commitment
Title Commitment Exceptions
Utility Information
Zoning Information

 

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