ABSOLUTE REAL ESTATE AUCTION – 4,860 s.f. Commercial Building

April 4, 2019

12:00 pm EST

240 Suncrest Dr., Johnson City, TN 37615

10:00 pm - 4:00 pm

Thursday, March 28th

Auction Information

ABSOLUTE REAL ESTATE AUCTION

4,860 s.f. Commercial Building

240 Suncrest Dr., Johnson City, TN 37615

AUCTION DATE/TIME: Thursday, April 4th at 12:00 noon

INSPECTION DATE/TIMES: Thursday, March 28th  from 10:00am – 4:00pm

BID LIVE OR ONLINE

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

PROPERTY DETAILS

  • Approximately 4,860 s.f.
  • 0.41 Acre Lot
  • 2 Levels
  • Brick Exterior
  • Great Location just off Bobby Hicks Hwy
  • Over 185’ Frontage on Suncrest St.
  • Less than ½ mile off I-26
  • Convenient Central Tri-Cities Location
  • Ideal for Single or Multi-Tenant Use
  • Ideal for Office or Commercial Use
  • Former Location of Tribute Funeral Home

 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


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

Indicated utilities are available but may not be currently connected.

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:    $3,569.70
  • City of Johnson City:   $2,835.00

  • 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 Street and travel approx. 200 feet to property on right.

Organizers

Contact Information

Rob Strickland 865.521.7500 or Chuck Fisher 865.546.3206

Event Information

EST

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