Absolute Online Only Real Estate Auction – Andersonville Convenience Store & Deli

Date: 04/05/2018

Time: 12:00PM

Location: Online Bidding Only - 1104 Park Lane | Andersonville, TN 37705

Office: Knoxville

Agent: Kenny Phillips or Phillip Hopper

Thursday, March 29th at 9:00AM

Thursday, April 5th starting at 12:00PM

Thursday, March 29th from 1-4PM
Monday, April 2nd from 1-4PM

Online Only
Absolute Real Estate Auction

Selling to the highest bidder, regardless of price!

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
1104 Park Lane | Andersonville, TN 37705

Excellent opportunity to buy a previously developed convenience store in the Andersonville community 
Current owners have over $416,000 invested in the property!
Close proximity to Norris Lake - marinas and public access areas
Prime location at the corner of Park Lane and Boyer Road with over 320' of road frontage
Property features everything needed to be a fully operational store!
Large canopy over fuel pumps
(2) Fueling stations - (1) with double-sided 3-grade dispenser and (1) with double-sided 3-grade + 1-diesel dispenser
Fuel Tanks:
- (1) 8000-gallon (gasoline)
- (1) 4000-gallon (gasoline)
- (1) 4000-gallon (diesel)
Underground tanks were installed in 2004 (have only held 100% gasoline since installation)
Private office with 2-way mirror
Untitled copy (1)
Property includes (complete & detailed list attached in the important information section):
- Veeder-Root tank monitoring system
- Ruby cash register system
- 14-door walk-in cooler
- Grill
- Ice maker
- Deep fryer
- Meat display case
- Ice cream/frozen food freezer
- Steamer
- Meat slicer
- (2) Pizza ovens
- Fire protectant deli hood
- 8-camera DVR security system
- City Water (Anderson County Water Authority)
- Sewer (Anderson County Water Authority)
- Electric (Clinton Utility Board)
- Natural Gas (available, but not connected)
- Comcast cable & high-speed internet
Parcel/Tax ID: 005  076.00
Current Yearly Property Taxes: $1,905.22 (county only)
Lot Size: 126.28 x 139.96 IRR (approx. 0.58 acre)
Zoning: A-2
Year Built: 2003
Approx. 1920 SF with 3 restrooms (2 public and 1 private)
***Current HVAC system needs repair***
TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification will be a part of the sales contract.
ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping.Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. Powell Auction & Realty, LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding.