Commercial Real Estate Maynardville Tn

Date: 03/28/2019

Time: 12 Noon est

Location: ONLINE

Office: Knoxville

Agent: Kenny Phillips

Absolute Auction

 Bank Owned Commercial Real Estate

 205 Monore Street  Maynardville Tennessee

 Selling Online ONLY without Reserve

 Thursday March 28 12 Noon

 203 & 205 Monroe Street Maynardville, TN 37807 FORMER FUNERAL HOME

Comprised of 3 Parcels – to be sold together Total Lot Size: 1.15 acres

Corner Lots Zoning: B-1 (Central Business)

District Utilities: Electricity, Sewer, Water,Phone, Internet

Parcel IDs: 058j d 002.00 (0.40 acres – asphalt parking lot with +/- 40 spots)

058j c 003.00 (0.46 acres – Mortuary Building with asphalt and gravel parking lot)

058j c 003.10 (0.29 acres – Single Family – Used as storage building) Mortuary Building: 2-story Year Built: 1965 Central HVAC Approx. 8,571 SF Main Level – 5,691 SF Chapel, multiple viewing areas, casket display room, embalming room, office, and kitchenette Second Level – 2,880 SF 3 bedrooms, kitchen, living room, storage room office area Basement  1,211 SF Unfinished with concrete floors, storage and access to utilities 203 Monroe Street -has single family home used for storage* Lot on Monroe Street that front Maynardville Hwy consists if 40+/- parking spaces 3 Parcels to be sold together only****

 Property is adjoining Union County Court House, Prime Property Fronting Maynardville Hwy 33

 Total Tax appraisal 442,400.00

All Measurements are from Tax records not guaranteed. Tennessee Residential Property Exemption will be a part of the sales contract. Property to be transferred with a Special Warranty Deed ONLY.

 Call Powell Auction & Realty to inspect Property 865-938-3403

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. M&M  Title Clinton Tn 457-5675. Current taxes will be prorated at the date of closing. Seller to provide Special warranty 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 and Lead-Based Paint Inspection  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 for 2 additional minutes and will continue until no bid is placed for one minute.Payment/ 10 percent deposit must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. Powell Auction & Realty, LLC. 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.