121 E. Depot Street – Greeneville, TN 37745 – Real Estate & Personal Property
ONLINE ONLY AUCTION
BIDDING BEGINS TO CLOSE:
Monday, December 30th
at 12:00PM – Noon (ET)
OPEN HOUSEE:
Monday, December 23rd
from 2:00-3:00PM (ET)
Prime Commercial Property in Historic Downtown Greeneville, Tennessee
Rare Opportunity in the Heart of Downtown Greeneville!
Nestled on the revitalized Depot Street, this exceptional 2,440 square foot commercial property offers a prime location just steps away from the Greene County Courthouse. Steeped in professional history, this two-story building was home to a distinguished law firm for four decades and now presents an incredible investment opportunity for discerning buyers.
Property Highlights:
- B-2 Zoning with Versatile Potential
- 2,440 Square Feet of Commercial Space
- Convenient Downtown Location
- 4 Designated Parking Spaces
- Original Hardwood Floors in the upstairs
First Floor Features:
- 3 Professional Offices
- Welcoming Reception Area
- Functional Kitchen
- Bathroom
- File Room
Second Floor Boasts:
- Expansive Open Conference Room
- Charming Built-in Bookshelves
- Stunning Original Hardwood Floors
Whether you’re seeking a professional office, planning a creative business venture, or looking for a potential rental investment, this property offers unparalleled flexibility. Recently vacated by retiring owner Mr. Santore, the building is ready for its next chapter of success.
Don’t miss this exceptional opportunity to own a piece of downtown history!
YEARLY PROPERTY TAXES:
$1,301.35 – total taxes | $663.72 – City of Greeneville and $637.63 – Greene County
YEAR BUILT:
1925
ZONING:
B-2
PERSONAL PROPERTY TO BE SOLD INCLUDING:
Office furnishings, barrister bookcases, file cabinets, shelves, artwork, and more!!!
SALE CONDUCTED IN CONJUNCTION WITH:
Morelock Auction Team | Charles Morelock | 423-552-8010
CALL FOR A PRIVATE SHOWING
Personal Property Terms: 18% Buyers Premium – this is a credit card only auction. Credit cards will be run on Monday, December 30th following the auction ending. Be sure your card is up to date and has money on it to cover your purchase – There is NO Shipping offered on this auction. Pickup will be Saturday, January 4th from 9:00AM-11:00AM.
Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.
East Tennessee Title & Escrow Services will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before January 31st, 2025.
The contract will not be contingent upon financing, inspections or any other contingencies. You are welcome to do your inspections or any due diligence prior to the auction.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent 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. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
New Bidders, please Pre-Register, we will have to approve you to Bid!
