Furrow Auction Presents . . . Cornerstone Masonry Foreclosure Auction, Knoxville, TN, 09-20-07

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FORECLOSURE REAL ESTATE AUCTION
By Order of the Secured Party

Approx 1,930 sf Office Building on 1.03 Acres

Thursday September 20th 2007 – 12:00 Noon
Open House Thursday Sep 20th 8 AM - 12:00 NOON
3509 Neal Drive
Knoxville, TN

Equipment, Fixtures and Furnishings will be auctioned immediately following the Real Estate Auction

Click here for the Equipment Auction details

	Built in 1950
	Central Heat & Air Unit
	Partially graveled lot for equipment
	(7) Parking Spaces including (1) Handicap Space
	Main Level: Approximately 1,328 sf
	(3) Office Areas
	File Room
	Conference Room
	Kitchen
	Bathroom
	Basement: Approximately 575 sf
	Office Area
	Reception Area
	Work Room
	Storage Room
	(1) Half Bath

Utilities Available: Sewer (Hallsdale – Powell Utility District)

Gas (Knoxville Utility Board)

Utilities Provided: Electric (Knoxville Utilities Board)

Water (Hallsdale – Powell Utility District)

Zoning: PC (Planned Commercial Zone)

Taxes: Estimated current county taxes: $1,762.04

Terms: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due day of auction 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.

Directions: From I-640 in Knoxville take the Broadway/Hwy 441 Exit and proceed North on Broadway toward Fountain City. Proceed 4.2 miles to Neal Drive and turn left. Proceed .5 miles to sale site on right.

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