ABSOLUTE REAL ESTATE AUCTION: Approx 2,280 SF Commercial Building formerly operating as Radio Station in Lenoir City, TN

ABSOLUTE REAL ESTATE AUCTION: Approx 2,280 SF Commercial Building formerly operating as Radio Station in Lenoir City, TN

LOCATION
📍406 E. Broadway Street, Lenoir City, TN

📅 AUCTION DATES
Bidding Opens: July 30
Starts to Close: August 14 @2pm

🔍 OPEN HOUSE
August 7 @10am-3pm

💰 PAYMENT DETAILS
20% Buyer’s Premium

Commercial Building in Prime Broadway Location
Versatile two-story commercial building located directly on Broadway, offering excellent visibility and strong daily traffic counts of over 10,000 vehicles per day. The space is well-suited for a variety of uses, including office or retail, and features approximately 6 on-site parking spaces.

This property has a unique history, previously operating as a radio station, and offers strong potential for an owner-user or investor seeking a high-exposure location in a well-traveled corridor.

The city has posted this property as an unsafe structure with no occupancy allowed.

Property being auctioned in conjunction with Brett Richardson, Wallace Commercial

PROPERTY DOCUMENTS

ONLINE BIDDING
Plan to create your account and/or sign in to hibid.com well before the auction start time to ensure your bidding access. To avoid any internet lags, we suggest you place your maximum bid and allow the computer to bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.

🔗 REGISTERING TO BID
🔗 BUYING REAL ESTATE AT AUCTION

UTILITY PROVIDERS
Electric: Lenoir City Utilities Board
Water: Lenoir City Utilities Board
Sewer: Lenoir City Utilities Board
Gas: N/A

REAL ESTATE TAXES (ANNUAL)
Loudon County: $366.51
Lenoir City: $249.61

ZONING
M-2: Heavy Industrial District (Lenoir City)

All Bidders and other persons participating in this sale agree that they have read and have full knowledge of the auction terms and conditions and agree to be bound thereby.

The winning bidder will deposit 10% of the purchase price (including Buyers Premium) DUE SALE DAY immediately at the conclusion of auction in the form of Wire, 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 30 DAYS, NO EXTENSIONS.