Old Church Building / 113 Church Street

Online Only Auction

Hudgins Auctions

113 Church Street

Centerville, TN 37033

Date(s) 3/14/2021 - 4/15/2021

Past Auction

Online-Only Auction

Catalog

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Auction Information

Name	Old Church Building / 113 Church Street
Auctioneer	Hudgins Auctions
Type	Online-Only Auction
Date(s)	3/14/2021 - 4/15/2021
Location	113 Church Street Centerville, TN 37033
Buyer Premium	10% of the Bid Amount will be added
Description	113 Church Street / Estate Auction This 4,623 square foot brick building was built in 1920as a local church. The structure was last used as a local "auction house" holding a weekly auction for the community. The property is zoned Commercial The lot size is - 65' wide x 97' deep and sits on the corner of Church Street and College Street in downtown Centerville very near the old Courthouse Square. Bidding increments is set at a minimum of $1,000; bidders may enter bid amounts greater than the minimum. Bidding ends on Thursday, April 15th at 6:30pm David Hudgins, auctioneer - TN Lic#4787 113 Church Street / Estate Auction This 4,623 square foot brick building was built in 1920 as a local church. The structure was last used as a local "auction house" holding a weekly auction for the community. The building still has a large open room (once the auditorium), ideal for large crowds. There have been other rooms added on the main level, which have been used as office space, storage and a concessions / dining area. We walked downstairs into the lower level (basement) of the building on Wednesday, March 24th. Even though there has been rain in recent days, the entire lower level was perfectly DRY! This lower level was once the classrooms for the church. It is apparent in recent years the owners used these lower level rooms for storage. Counting the square footage of the lower level to the amount of the main level will put the total square footage over 7,000 square feet! The property is zoned Commercial The lot size is - 65' wide x 97' deep and sits on the corner of Church Street and College Street in downtown Centerville very near the old Courthouse Square. The actual outside dimensions of the structure are 87' deep x 57' wide! There is a partial basement / lower level. Bidding increments is set at a minimum of $1,000; bidders may enter bid amounts greater than the minimum. Bidding ends on Thursday, April 15th at 6:30pm There is a variety of items remaining in the building. Whatever remains in the building as of the closing date will become the property of the new owner. Please note there will be a LOT of items remaining! David Hudgins, auctioneer - TN Lic#4787

Terms and Conditions

PROCEDURE: The property will be sold as a whole - Large brick building & corner lot 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 zoned 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.