ABSOLUTE AUCTION – Prime Commercial Property – Estate of Frank E Rankin
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!
Live On-site Auction being conducted at
634 Middle Creek Rd Sevierville Tn.
Auction Date: Thursday, June 6th 2:00pm
Thursday, June 6th 1:00 PM (1 hour prior to auction)
or Please call Todd Thompson Auctions for private preview.
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.
• 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
Previously rented at $1,800 per month
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.