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N. Broadway Commercial

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Auction & Estate Sale

May 26, 2011 at 12:00 PM

ABSOLUTE AUCTION: Commercial Property 20,324 +/- SQ. FT. Building Main HWY

Land Use: Other Retail / Commercial.The Building has plenty of road Frontage. 34 + Parking spaces. 2.19 of acres for expansion. the building is across from Food City, Pardon Jewelers. There are 2 dock doors for loading and unloading. Open warehouse space. 8 separate offices. Plenty of counter space. The warehouse would make for a great PARTS STORE, RETAIL, INSIDE STORAGE UNITS. *** SPECIAL OWNER FINANCING: Special Financing Available - for purchase price of $ 500,000 or higher. 25% Cash Down Payment; 10 Year Amortization / 7 Year Maturity; 7.0% Fixed Interest Rate. *** Financing Subject to Proof of Income, Acceptable Repayment Capacity, No Bankruptcy or Material Adverse Credit Reporting. GREAT LOCATION AND ROAD FRONTAGE.

DirectionsGo I-40 E / I-75 N Follow 9 Miles to I-640/ I-75 N. Stay on I-640 for 4 miles and take exit 6 Broadway exit. Turn Right onto OLD BROADWAY NE. Go .3 miles building on Right.

Features

  • GREAT FOR RETAIL
  • 2.19 ACRES WITH EXPANSION
  • ZONING C-3 WAREHOUSE/RETAIL
  • IDEAL FOR PARTS, RETAIL OUTLET
  • DISTRIBUTION HUB
  • PLENTY OF PARKING
  • 2 OUTSIDE DOCK DOORS
  • 1 INSIDE DOC DOOR.
  • SHELVING INSIDE WAREHOUSE
  • 8 SEPARATE OFFICES.

Features:

  • 4215 N. Broadway Knoxville, TN 37917
  • Knox County
  • Commercial :: Investment
  • Year Built: 1988
  • 20,324 Total Sq.
  • Ft. 20,324 Sq. Ft. on Main Level
  • 2.19 Acres
  • Lot Size: 234.75 X 370.28 X IRR
  • SOLD

Auction Terms and Conditions: A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s). A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The balance of contract purchase price is due within 20 days. The down payment may be paid in personal check, business check and/or cash. 2% Broker participation, 48 hr. registration required before the auction.

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