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Lender owned Commercial Bldg - Hwy 25w in Jellico, TN Online Only

by Ayers Auction & Realty

When

Sale starts on Sept. 24th, bidding ends Sept. 30th - Bidding ends 6 P.M. on Sept. 30th Eastern

Where

Lender Owned
1915 Fifth St.
Jellico, TN 37762

Notes

Former location of Buckner restaurant and Bar, property has a tax appraisal of $440,900.00. Good commercial potential with several possible uses.

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Conducted By

Ayers Auction & Realty

2309 Jacksboro Pike
LaFollette, TN 37766

LaFollette Office: (423) 562-4941
Oneida Office: (423) 569-7922
LaFollette TAL# 407, Oneida TAL# 3949

http://www.ayersauctionrealty.com

Contact the Auctioneer

2309 Jacksboro Pike
LaFollette, TN 37766
LaFollette Office: (423) 562-4941
Oneida Office: (423) 569-7922
LaFollette TAL# 407, Oneida TAL# 3949

Auction Listing

OPEN HOUSE: WEDNESDAY SEPTEMBER 22ND 2PM-4PM 
 
Ayers Auction & Real Estate will be conducting an online only auction of a lender owned commercial building. Located in Jellico, TN. Former location of Buckner restaurant and Bar, property has a tax appraisal of $440,900.00.  Good commercial potential with several possible uses.
 
Building has 2 large banquet rooms.  The french and pocket doors divide the rooms, but can be opened for easy flow from room to room.  There is a garage with a large glass door walk in cooler, there is a garage door at both ends, so it could possibly be used for a drive thru market/garage.
 
The building has three bathrooms, the womens room has two stalls, the mens room has one stall and a urinal, a third bathroom is for employees.  The floors are ceramic tiles in kitchen and bar area, terazzo in banquet area, concrete in garage.  There is ample paved parking.  The building fronts main highway.
 

Base sq. footage is 4640 plus a garage of approx. 720 sq. ft.
Built in 2002.  Building has metal roof.
Terms: 10% earnest money deposit within 72 hours of completion of the sale, by cash, cashiers check, or wire transfer, balance within 30 days at closing.

A 10% Buyers Premium

Sale subject to lender confirmation