Old Fire Hall - Centerville

Online Only Auction

Hudgins Auctions

105 Linden Hwy

Centerville, TN 37033

Date(s) 10/12/2020 - 11/10/2020

Past Auction

Online-Only Auction

Catalog

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Auction Information

Name	Old Fire Hall - Centerville
Auctioneer	Hudgins Auctions
Type	Online-Only Auction
Date(s)	10/12/2020 - 11/10/2020
Location	105 Linden Hwy Centerville, TN 37033
Buyer Premium	10% of the Bid Amount will be added
Description	"Old Fire Hall" just off the Town Square in Centerville 105 Linden Hwy - Centerville The Board of Mayor & Aldermen passed a resolution during their Tuesday, Oct. 13th meeting to sell the Old Fire Hall located on Hwy 100 (Linden Hwy) just off the Courthouse Square in Centerville. Great Corner Location! The Board authorized Hudgins Auctions to sell via Online Auction this exciting property. Bidding is now active with the opening bid at $10,000. The bidding will end on Tuesday, Nov. 10th at 6pm. The property features a building of approximately 6,310 square feet (combination steel and framed with brick facade on a corner lot measured at 0.26 acre. The building was most recently used as the Town of Centerville Fire Hall; the town just completed its brand new fire hall and no longer needs this property.Prior to the property being used as the Town of Centerville Fire Hall, this was the site of the Town of Centerville City Hall - the offices of the town's municipal government.Originally, this building was constructed (after WWII) as a Dodge Dealership! Dodge Dealer owned by Arch Bratton. The subject property consists of a 0.26 acre corner lot located at Briggs Street & Hwy 100 in Centerville, TN (on Hwy 100). The improvement on the lot is a 6,310 square foot building (steel shell with a wood-framed shell in the front) The land is improved with a steel building of 4,060 square feet (70’ x 58’ - inside measurements) and front office of 1,650 square feet (55’ x 30’ - outside measurements). There is also a side addition / bay (40’ x 15’ - inside measurements). The building has been used as a fire hall & maintenance building for the Town of Centerville. The front portion of the building is in much repair; the steel structure of the building is actually still dry and continues to be used for storage. Just drive around the square in Centerville and you will note MANY of the old buildings around the square undergoing remodeling and improvements! Thanks in part to a "matching funds grant" in the past, property owners have been improving the facades of these historic and older buildings around the Town Square. Opportunities?? There are plenty! With a property this size and a space all ready for your remodeling efforts, just consider the many possibilities and opportunities for the future.... - Climate Controlled Storage - Business Incubator / Office Suites - Adorable Diner / Cafe - Co-op Retail / Arts / Crafts / Food - Professional Office - Antique Store / Space Leasing - Artisan Studio and/or Workshop - Woodworking Shop - Auto Repair - Coffee Shop - YOUR DREAM BUSINESS location! You have a dream! This property may be just what you need to get your business or dream going...Register and Bid on this property. Opening Bid...$10,000 Bidding Increments - $1,000 (You may bid more!) Questions? Call David Hudgins, auctioneer 931-994-7144

Terms and Conditions

PROCEDURE: The property will be sold as a whole - 0.26 acre lot with building DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. The seller reserves the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Sell per existing deed AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is Government, but can be Commercial UTILITIES: Electricity - Public Water - Public Sewer - Gas DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 2,000,000.00	1,000.00 USD
2,000,000.01 - 9,999,999.99	10,000.00 USD

Payment Information

Currency	USD
Buyer Premium	10% of the Bid Amount will be added

Shipping / Pick Up

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.