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

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

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

• 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

• 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.

• Aerial Image
• B-3 Zoning Ordinance (City of Athens)
• Sample Warranty Deed
• Tax Information
• Tax Map
• Title Commitment
• Title Commitment Exception Documents
• Traffic Count Map
• Updated Survey
• Utility Information
• Zoning Information
• Zoning Map

• Electricity: Athens Utilities Board
• Water: Athens Utilities Board
• Sewer: Athens Utilities Board
• Gas: Athens Utilities Board

• B-3: Intensive Business District (City of Athens)

• 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

• 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.