REAL ESTATE ONLINE ONLY AUCTION: 3600 SF Commercial Building in Rockwood, TN
REAL ESTATE ONLINE ONLY AUCTION: 3600 SF Commercial Building in Rockwood, TN
AUCTION STARTS TO CLOSE:
THURSDAY, DEC 18 @ 7PM
INSPECTION:
MONDAY, DEC 1 @ 10AM-3PM
This 3,600 square foot commercial building sits on a corner lot close to historic, downtown Rockwood and just a block from US Highway 27 in Roane County, TN. Previously serving as a daycare, this property could have a variety of commercial uses. The 0.47-acre lot includes a fenced in yard and ample parking.
Kiddie Korner Daycare and Preschool Inc. is a preschool offering childcare and learning opportunities for children. Locations in Kingston, Athens, Madisonville, Wartburg, Lenoir City, Clinton, Powell and Maryville are open.
REAL ESTATE TERMS
Click for full terms. All Bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.
BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a $200,000 bid, a 10% buyer’s premium of $20,000 will be added to arrive at the total purchase price of $220,000.
PAYMENT TERMS: The successful bidder will deposit 10% of the purchase price (including Buyers Premium) and is 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 OF SALE DATE, NO EXTENSIONS.
ONLINE BIDDING
Plan to create your account and/or sign in to bidspotter.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.
UTILITIES
Electric: Rockwood Electric Utility
Water: Rockwood Water, Sewer & Gas
Sewer: Rockwood Water, Sewer & Gas
Gas: Rockwood Water, Sewer & Gas
ZONING
C-2: Highway Business District
(City of Rockwood)
REAL ESTATE TAXES
Approx. Roane County Taxes: $1,744.44
Approx. City of Rockwood Taxes: $801.36
Taxes paid annually
Samuel J. Furrow | TN PBL #26
