COMMERCIAL REAL ESTATE AUCTION – NORTH KNOXVILLE

Date: 10/20/2016

Time: 12:00 NOON

Location: 501 E. INSKIP DRIVE, KNOXVILLE, TN 37912

Office: KNOXVILLE

Agent: KENNY PHILLIPS

COMMERCIAL REAL ESTATE AUCTION

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501 E Inskip Drive, Knoxville, TN 37912 Thursday, October 20th at 12 NOON


North Knoxville Commercial Property – Located in the Inskip Community

+/- 1954 SF Building
Approx. 1374 SF Retail/Office Space & 580 SF Warehouse
Zoning: O-1
Parcel/Tax ID: 069HC02501
Total Taxes: $1,376.57
Lot Size: 51.5 x 140 IRR

TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement 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 price. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. 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. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed.