REAL ESTATE: ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND: 4,000 SF COMMERCIAL BUILDING IN KNOXVILLE

REAL ESTATE ONLINE ONLY AUCTION, ESTATE OF WAYNE ROWLAND:4,000 SF COMMERCIAL BUILDING, FORMERLY ROWLAND TV & APPLIANCE

Property Address: 5707 N. Broadway Street Drive, Knoxville, TN 37918

  BIDDING STARTS TO CLOSE: THURSDAY, DECEMBER 5 @ 7PM (ET)

  INSPECTION: MONDAY, DECEMBER 2 @9AM-4PM

PROPERTY DESCRIPTION

• 4,000 s.f. Commercial Building

• 0.79 Acre Lot

• 2 Offices, 3 Bathrooms

• Large, Open Retail Space with Warehouse Space in Rear (16’ Ceiling Height)

• One Roll Up Drive-In Door

• Ample Parking (Approx. 30 Spaces)

• Great Location on Broadway between Fountain City & Halls

• Liberal Zoning Allows for Multiple Uses (Retail, Office, etc.)

Click above for full terms. All Bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a $650,000 bid, a 10% buyer’s premium of $65,000 will be added to arrive at the total purchase price of $715,000.

PAYMENT TERMS: The successful bidders will deposit 10% of the purchase price (including Buyers Premium) and is due SALE DAY immediately at the conclusion of auction in the form of Wire, 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 30 DAYS OF SALE DATE, NO EXTENSIONS.

Online Bidding Notice: Plan to create your account and/or sign in to HIBID.com well before the auction start time to ensure your bidding access. To avoid any internet lags, we suggest you place your maximum bid and let the computer bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.

HOW TO REGISTER TO BID >

REGISTER TO BID >

ONLINE AUCTION PROCESS >

• Aerial Image

• Appraisal – 5707 N Broadway (from August 2024)

• C-G Zoning Ordinance (City of Knoxville)

• City of Knoxville Tax Report

• KGIS Map & Details Report

• Knox County Tax Report

• KUB Electric Map

• KUB Gas Map

• KUB Sewer Map

• KUB Water Map

• Property Report

• Recorded Plat

• Tax Information

• Tax Map

• Utility Information

• Zoning Information

• Zoning Map

• Electric: Knoxville Utilities Board

• Water: Knoxville Utilities Board

• Sewer: Knoxville Utilities Board

• Gas: Knoxville Utilities Board

According to the respective utilities Customer Services Departments, indicated utilities are available to the property. Bidders can verify connection status by contacting utility providers customer service department at the numbers provided.

• Knox County – $2,619.42 annually

• City of Knoxville – $3,633.48 annually

Buyer is responsible for pro-rata share of current year property taxes.

C-G General Commercial Zoning District

Located on N Broadway between Fountain City & Halls, Next Door to Frontier Firearms.

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