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Absolute Auction Bank Owned Commercial Property

AUCTION LOCATION
Winfield Dunn Parkway/ Hwy66 Sevierville, TN 37862

AUCTION DATE
April 21, 2021

AUCTION TIME
1:00 PM

TIME ZONE
EST

INSPECTION DATE

INSPECTION TIME

CONTACT

Auction Information

Absolute Auction Bank Owned Commercial Property

Todd Thompson Auctions is pleased to bring to ABSOLUTE AUCTION 2 Tracts located in the heart of Sevierville. Prime Commercial Property with Highway 66 frontage. This is an excellent opportunity to enter into the Sevierville marketplace at ABSOLUTE AUCTION!

Features:
  • (2) Parcels on Business Corridor Downtown Sevierville
  • Zoned IC (C-3) Intermediate Commercial District
  • Powerful Location / ADT 50,561
  • Tract 2E has 228ft Parkway Frontage with 350+ River Frontage
  • Tract 2A has 100 ft Parkway Frontage (Easement Area; Non Buildable)
  • Possible uses would include: Multi Family, Restaurant (restrictions against breakfast concepts being built)
  VIEW MAP AND IMPORTANT INFORMATION HERE   Auction Date: Wednesday, April 21st 1:00 PM (Auction being conducted Live On-Site) Preview: One hour prior to auction or call Todd Thompson Auctions to set up a private showing Real Estate Terms: 10% Buyer's Premium will be added to all successful bids. 10% down day of sale, balance due at closing within 30 days. The successful bidder will be required to sign a note for the deposit amount with the contract in addition to deposit paid day of sale. Note shall become null and void when the buyer shall complete all the requirements for closing as set out in contract. Broker Participation: 2% Broker Participation is available to all qualified Real Estate Agents. Please contact office for guidelines and approval.
Real Estate Terms: 10% Buyer's Premium will be added to all successful bids. 10% down day of sale, balance due at closing within 30 days. The successful bidder will be required to sign a note for the deposit amount with the contract in addition to deposit paid day of sale. Note shall become null and void when the buyer shall complete all the requirements for closing as set out in contract.