Furrow Auction Company

Ethics   Excellence   Experience
 
  Return to Home Page
 
If this page does not display properly click here
ABSOLUTE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Income Producing Commercial Property
South Fulton, TN
Thursday
September 27th, 2007
12:00PM & 1:00PM

Click here for Auction brochure

Sale One:

Income Producing Shopping Center &
Income Producing Commercial Building

To Be Sold Separately


509 Broadway, South Fulton, TN
Thursday, September 27, 12:00 PM

Open House: Thursday, Sept. 20, 12:00PM - 3:00PM

Shopping Center Details:

    -  Approx. $4,494.53 monthly income

    -  Approx. 10,850 square feet

    -  Renovated in 1994  

    -  New Roof in 2006

    -  All utilities available

    -  All units individually metered for gas & electric

    -  Current Tenants:

          * Edward Jones

          * Monumental Life

          * H & R Block

          * Pruitt Real Estate

          * Reed & Company

          * Klassy Kuts

          * Resolutions Fitness

   -  Zoned B-3 (Business District)

Income Producing Commercial Building Details

   -  Approx. $2,667.47 monthly income

   -  Approx. 7,712 square feet

   -  New roof 2006

   -  Approx. 40 parking spaces

   -  All utilities available

   -  Separate gas & electric meters for each tenant

   -  Current Tenants:

          * Southside Drugstore

          * Lean To Restaurant

   -  Zoned B-3 (Business District)

Sale Two:

Approx 6,092 square foot modern office building


720 Broadway, South Fulton, TN
Thursday, September 27, 1:00PM

Open House: Thursday, Sept. 20, 9:00AM - 12:00PM

Commercial Building Details:

   -  Built in 2003

   -  Approx 1.4 acre lot

   -  Approx. 40 parking spaces

   -  Central gas heat and air

   -  3 bathrooms

   -  Large Conference room

   -  Additional 1,200 s.f. basement for storage/expansion

   -  All utilities available

Utilities Available:  All Utilities Available 

Zoning: Commercial 

Estimated Real Estate Taxes: Taxes to be pro-rated at closing; Back taxes to be paid by seller       

Terms:  Successful bidders will deposit 10% of the purchase price and is due the day of sale 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.

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

Furrow Auction Company   (800) 438-7769  TN Lic. #62

 

To be added to our AuctionAlert e-mail notification system please provide your e-mail address
 Name


 e-mail address

You Are Visitor Number
Hit Counter

Documents are in Adobe PDF format.  To get a free copy of Acrobat Reader please click here

 

Click the links below for PDF Files
Edward Jones lease
ETC lease
H & R Block lease
Klassy Kuts lease
Lean to Resturant lease
Monumental Life lease
New Wave Communication lease
Pruitt Real Estate lease
Resolutions Spa Lease
Southside Drug Store Lease
Star Staffing Lease
Strip Center Rent Roll
Title Commitment - Office Building
Title Commitment - Village Shopping Center
Utility Information
Zoning Map
Office Builidng Zoning
Strip Center Zoning