Absolute Real Estate & Equipment Auction – 6,080 s.f. Commercial Building on Corner Lot

May 19, 2021

10:00 EST

Tuesday, May 18th 9:00 am – 4:00 pm

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

ABSOLUTE REAL ESTATE AUCTION

To Be Sold to the Highest Bidder without Minimum or Reservation

6,080 sf Commercial Building on Corner Lot

Formerly Known as Athens Electric Motor Service

700 Decatur Pike, Athens, TN 37303


Wednesday, May 19th at 10:00 am
Equipment to be Sold Immediately Following Real Estate

INSPECTION: Tuesday, May 18th from 9:00 am – 4:00 pm


PROPERTY DESCRIPTION
  • Approximately 6,080 sf
  • 0.57 Acre Corner Lot
  • Approx. 112 Feet Frontage on Decatur Pike
  • Additional Approx. 208 Feet Frontage on Mission Street
  • Great Location Just 2.7 Miles Off I-75
  • Traffic Count of 22,500 + Vehicles Daily
  • All Utilities Available


Samuel J. Furrow | TN PBL #26

PAYMENT 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.
UTILITIES AVAILABLE
  • Electricity: Athens Utilities Board
  • Water: Athens Utilities Board
  • Sewer: Athens Utilities Board
  • Gas: Athens Utilities Board
ZONING
  • B-3: Intensive Business District (City of Athens)
TAX INFORMATION
  • According to the McMinn County Property Assessors Office and the City of Athens Tax Office, the annual real estate taxes for the subject property are as follows:
    • McMinn County: $1,251.75
    • City of Athens: $1,025.7

Buyer will pay a pro-rata share of current year property taxes

Back/Delinquent Taxes (if any) will be paid by seller

DIRECTIONS
  • From the interchange of I-75 & Decatur Pike (Exit 49) travel east on Decatur Pike (towards Athens) approx. 2.7 miles to property on left (at intersection of Decatur Pike & Mission St.). Look for signs.

Organizers