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ABSOLUTE REAL
ESTATE AUCTION
To Be Sold To The Highest Bidder
Without Minimum or Reservation |
Modern 6,400 s/f
Commercial Building
Formerly Known as Hollywood Video
Thursday
June 7th, 2007 – 12:00 Noon
Open House Thursday, May 31st, 11:00 AM to 1:00 PM
235 W. Young High Pike
Knoxville, TN
 | 6,400 s.f. |
| 0.63 acre
site |
| 28 paved
parking spaces |
| Approx.
daily traffic count of 7,908 vehicles |
| Built in
1995 |
| Across
from Kroger anchored Chapman Square Shopping Center |
| Surveillance/security system included |
**Special
financing offered by First Tennessee Bank**
Rates as low as 7.25% and terms up to 20 years for
pre-qualified buyers*
Contact:
Matthew Bryan
Small Business Relationship Mgr.
865-977-5273*owner occupied
Utilities Available: Electric/Water/Sewer/Gas
from KUB
Zoning: C-3 – General Commercial District
Estimated Real Estate
Taxes:
City: $3,099.99 annually
County: $2,967.61 annually
Total: $6,067.60 annually
Taxes to be
pro-rated at closing
Directions:
From
downtown Knoxville, approximately 1.4 miles south on Chapman
Highway. Turn right on Young Hill Pike to property approx. 1/10th
of a mile on right.
Terms:
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.
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Furrow Auction Company
(800) 438-7769 TN Lic. #62