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X-ORIGINAL-URL:https://www.powellauction.com/
X-WR-CALNAME:Powell Auction & Realty
X-WR-CALDESC:East TN's Auction Experts
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CLASS:PUBLIC
UID:MEC-12efe048d569b642065d8df808dbf076@powellauction.com
DTSTART:20241030T160000Z
DTEND:20241030T170000Z
DTSTAMP:20241003T193000Z
CREATED:20241003
LAST-MODIFIED:20241216
PRIORITY:5
SEQUENCE:67
TRANSP:OPAQUE
SUMMARY:SOLD | $517,550 | Commercial Redevelopment Opportunity – 8606 Asheville Highway – Knoxville, TN 37924
DESCRIPTION:[et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nONLINE ONLY REAL ESTATE AUCTION\nCommercial redevelopment opportunity in East Knox County\n[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.20.4″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” custom_margin=”|auto||0px||” custom_padding=”3%|3%|3%|3%|true|true” border_width_all=”2px” border_color_all=”#FFA503″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” width=”100%” global_colors_info=”{}”]\nBIDDING BEGINS TO CLOSE:Wednesday, October 30that 12:00PM – Noon (ET)\n[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.20.4″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_gallery gallery_ids=”57120,57096,57097,57099,57100,57101,57102,57103,57104,57105,57106,57107,57108,57109,57110,57111,57112,57113,57115,57116,57117,57118,57119″ posts_number=”8″ show_title_and_caption=”off” _builder_version=”4.20.4″ _module_preset=”default” dbdb_version=”4.6.2″ global_colors_info=”{}”][/et_pb_gallery][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\n\nFormer Helma’s Restaurant location\nEndless redevelopment possibilities available with this property\nWater, sewer and electricity are available\nExisting 13000 SF restaurant building and smaller building – buildings are in rough condition and may hold no value\nLocated at the Asheville Highway/Andrew Johnson Highway split\nZoned CA – General Business in the front of the property and A – Agriculture in the back of the property\nClose to KUB substation\nApprox. 262′ of road frontage on Asheville Highway\n\n[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”100%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|tablet” max_width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nKnox County Parcel / Tax ID:\n062  251\nYearly Property Taxes:\n$2,058.74 – Knox County only\nLot Size:\n3+/- acres\n[/et_pb_text][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”][/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.20.4″ _module_preset=”default” da_disable_devices=”off|off|off” box_shadow_style=”preset1″ global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” global_colors_info=”{}”]\nReal Estate Terms:Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.\nExecutive Title & Escrow will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Sale is subject to court approval. Closing to occur on or before November 29, 2024.\nThe contract will not be contingent upon financing, inspections or any other contingencies.\nPowell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**\nThank you for participating in this Powell Auction & Realty LLC Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.\nNew Bidders, please Pre-Register, we will have to approve you to Bid!\n[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]\n
URL:https://www.powellauction.com/events/8606ashevillehighway/
ORGANIZER;CN=Powell Auction & Realty, LLC:MAILTO:
LOCATION:Online only
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