Name Old City Hall - Hohenwald
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 6/12/2021 - 7/6/2021
Location 29 South Park Street
Hohenwald, TN 38462
Buyer Premium 10% of the Bid Amount will be added
Description
Historic City Hall Auction - July 6th! Bid Now - Online Well, it is the OLD City Hall Building in Hohenwald... 3,400 square feet of space for your next idea or adventure! High Traffic Location...High Visibility...just one block off Main Street on Hwy 48 / Hwy 20 Investment Opportunity Great Business Location! Located between the Hohenwald Church of Christ and the Court House and across the road from MLEC. This building is approximately 3400sq. feet made up of two sections of the building. The front section consist of 4 offices, lobby, kitchenette, 2 restrooms, and a large commerce room. Renovation was started in this area of the building revealing an old brick wall dividing the lobby from the offices. It also appears that above the drop down ceiling is the original tin ceiling. The rear section of the building has 15ft elevated ceiling with partial loft and roll-up door. This section still has 2 solid steel woven metal old jail cells with beds and sinks.  Business opportunity... lots of potential!  Office Space Workshop Storage Facility Restaurant Event Center Preview Day-  Sunday June 27th,  2pm- 4pm  Other preview days by appointments Contact: Heath Curfman - 931-628-2985 Bidding ENDS on July 6th! Opening Bid - $45,000
Auction Terms & Conditions PROCEDURE: The property will be sold as a whole. 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. Reserve Auction - 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 - Selling per existing deed AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is Commercial (Government) UTILITIES: City Water, Public Sewer, Gas & Electricity 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. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

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