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ABSOLUTE AUCTION – Prime Commercial Property – Estate of Frank E Rankin

AUCTION LOCATION
634 Middle Creek Rd Sevierville, TN 37862

AUCTION DATE
June 6, 2019

AUCTION TIME
2:00 PM

TIME ZONE
Eastern

INSPECTION DATE
June 6, 2019

INSPECTION TIME
1:00 PM (1 Hour Prior to Auction)

CONTACT
865-774-5789

Auction Information

ABSOLUTE AUCTION!

Prime Commercial Property

To settle the Estate of Frank E. Rankin

Frank E. Rankin Jr. Estate

Executor David Rankin

2 Retail / Office Buildings + 

Additional Land for Expansion!

Click Here to View Map!

Live On-site Auction being conducted at

634 Middle Creek Rd Sevierville Tn.

Auction Date: Thursday, June 6th 2:00pm

PREVIEW DAY:

Thursday, June 6th 1:00 PM (1 hour prior to auction)

or Please call Todd Thompson Auctions for private preview.

Directions:

At intersection of Dolly Parton Pkwy and Veterans Blvd, travel south 4/10ths of a mile to left onto Middle Creek Rd.

And then go 2/10ths of a mile to auction site on your left.

Features:

• Income Producing

• 1.49ac Zoned C-4 and R-1

• 132ft. Road Frontage on Middle Creek

• Room for Expansion on unimproved land

• Central location adjoining Airport and Leconte Medical, and Professional offices

•  Excellent Property to utilize for Owner Occupant / Landloard / Situation

                                                                           Building #1:  Building 4,000 Sq ft. 2 Unit Building

                                                                           Upper level presently rented at $850 per month

                                                                           Lower level presently vacant competely renovated in 2018

                                                                           Building # 2:  2,700 Sq. ft. Single Tennat Building

                                                                           Completely renovated in 2017

                                                                           Presently vacant

                                                                           Previously rented at  $1,800 per month

Terms:

10% Buyer’s Premium Sale

Real Estate Terms: 10% down day of sale. Balance due at closing within 30 days.

Broker Participation is available to all licensed Real Estate Professionals. Please contact the office for guidelines and approval.

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10% Buyer’s Premium Sale Real Estate Terms: 10% down day of sale. Balance due at closing within 30 days. Real Estate is being offered subject to confirmation of final bid. Broker Participation is available to all licensed Real Estate Professionals. Please contact the office for guidelines and approval.