REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE

REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE
Auction ends: December 5, 2024
Chuck Fisher (865) 310-3204

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AUCTION DETAILS

REAL ESTATE ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND:4,000 SF COMMERCIAL BUILDING, FORMERLY ROWLAND TV & APPLIANCE

Property Address: 5707 N. Broadway Street, Knoxville, TN 37918
  • Traffic Count of Approx. 32,628 Vehicles Daily
  • Approx 125 Feet Frontage on N Broadway
  BIDDING STARTS TO CLOSE: THURSDAY, DECEMBER 5 @ 7PM (ET)
  INSPECTION: MONDAY, DECEMBER 2 @9AM-4PM

PROPERTY DESCRIPTION
  • 4,000 s.f. Commercial Building
  • Approx 2800 s.f. Retail Space
  • Approx 1200 s.f. Warehouse/Storage Space
  • 0.79 Acre Lot
  • 2 Offices, 3 Bathrooms
  • Large, Open Retail Space with Warehouse Space in Rear (16’ Ceiling Height)
  • One Roll Up Drive-In Door (14’ W x 10’ H)
  • Ample Parking (Approx. 30 Spaces)
  • Great Location on Broadway between Fountain City & Halls
  • Liberal Zoning Allows for Multiple Uses (Retail, Office, etc.)
  • Rubber Membrane Roof
  • Mechanical Systems in Working Order

REAL ESTATE TERMS

REAL ESTATE AUCTION TERMS >
Click above 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 $650,000 bid, a 10% buyer’s premium of $65,000 will be added to arrive at the total purchase price of $715,000.
PAYMENT TERMS: The successful bidders 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

Online Bidding Notice: 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 let the computer bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.
HOW TO REGISTER TO BID >
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ONLINE AUCTION PROCESS >

PROPERTY DOCUMENTS


UTILITIES

  • Electric: Knoxville Utilities Board
  • Water: Knoxville Utilities Board
  • Sewer: Knoxville Utilities Board
  • Gas: Knoxville Utilities Board

According to the respective utilities Customer Services Departments, indicated utilities are available to the property. Bidders can verify connection status by contacting utility providers customer service department at the numbers provided.


REAL ESTATE TAXES

  • Knox County – $2,619.42 annually
  • City of Knoxville – $3,633.48 annually
Buyer is responsible for pro-rata share of current year property taxes.

ZONING

C-G General Commercial Zoning District

DIRECTIONS

Located on N Broadway between Fountain City & Halls, Next Door to Frontier Firearms.
GET DIRECTIONS>

 

Samuel J. Furrow | TN PBL #26

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