Absolute Real Estate Auction – Partially Complete Commercial Building

AUCTION LOCATION218 Suncrest St., Johnson City, TN 37615

AUCTION DATEJune 22, 2018

AUCTION TIME 12:00 pm

TIME ZONEEST

INSPECTION DATEFriday, May 25th & Friday, June 15th

INSPECTION TIME10:00am - 3:00pm

CONTACTRob Strickland or Chuck Fisher 865.546.3206

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Auction Information

Absolute Real Estate Auction

To Be Sold to the Highest Bidder without Minimum or Reservation

PRE-AUCTION OFFERS WILL BE ACCEPTED AND CONSIDERED

9,000 s.f. Partially Complete Commercial Building

218 Suncrest St., Johnson City, TN 37615

AUCTION DATE/TIME: Friday, June 22nd at 12:00PM NOON

INSPECTION DATE/TIME: Friday, May 25th & Friday, June 15th from 10:00AM – 3:00PM

Bid Live and On-Line

In Conjunction with Lawler-Wood, LLC: Kimberly Jones 423.530.7111

PROPERTY DETAILS:

  • 9,000 s.f.
  • 2 Story, Partially Complete, Inside Can be Finished to Buyers Specifications
  • New Construction
  • Brick Exterior
  • Corner Location just off Bobby Hicks Hwy
  • Over 340’ Frontage on Suncrest St.
  • Less than ½ mile off I-26
  • Convenient Central Tri-Cities Location
  • Ideal for Office or Commercial Use

 TN License #62

PAYMENT TERMS


10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale day 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.

UTILITIES


  • Electric: BrightRidge Utilities
  • Water: Johnson City Water/Sewer
  • Sewer: Johnson City Water/Sewer
  • Gas: Atmos Energy

ESTIMATED REAL ESTATE TAXES
According to the Washington County Property Assessors Office and the City of Johnson City Tax Office, the annual real estate taxes for the subject property are as follows:
  • Washington County: $3,482.12
  • City of Johnson City: $2,765.45
  • Buyer will pay a pro-rata share of current year property taxes
  • Back/Delinquent Taxes (if any) will be paid by seller

 ZONING
B – 5: Planned Community Business District (City of Johnson City)

DIRECTIONS
Located just off I-26 at the Gray Exit (Exit 13). From exit, head north on Bobby Hicks Hwy approx. 500 feet. Turn left onto Suncrest St and travel approx. 300 feet to property on right.

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