Online Only Auction
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Date(s)
1/4/2024 - 1/31/2024
AUCTIONEER INFORMATION
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Information
Lot # 2
Group - Category Real Estate - Commercial Properties
Lead 502 N ROANE STREET, HARRIMAN, TN 37748
Description
8,000+ SF Commercial Building – 502 N Roane Street – Harriman, TN 37748 ONLINE ONLY COMMERCIAL REAL ESTATE AUCTION Over 8,000 SF – Former post office building in historic downtown Harriman BIDDING BEGINS TO CLOSE: Wednesday, January 31st at 12:00PM – Noon (ET) OPEN HOUSE: Monday, January 29th from 2:00-4:00PM (ET) Well recognized former United States Post Office building located in historic downtown Harriman built between 1911-1912 located on the corner of N Roane Street and Queen Avenue Part of the Roane Street Commercial Historic District of the National Register of Historic Places This over 8,000 SF Beaux Arts influence building features a full basement, Flemish bond brick, projecting limestone cornice with dentils & frieze, porthole accents, 12 over 12 double-hung windows, Ionic columns on facade, and limestone lintels, sills & beltcourse Beautiful wood, metal and marble architectural features Grand ceilings and crown molding Lovely terrazzo flooring in many parts Great redevelopment opportunity for event venue, brewery/restaurant, boutique hotel/AirBnB – limitless possibilities, just use your imagination Large paved driveway/parking area Loading dock area with 5 doors Former mail sorting room has been turned into a half court basketball court 1/2 bathroom with sink and toilet – marble walls & accents in floor and terrazzo floor (2) walk-in safes Former Post Master office with closet and stairs to upstairs with window overlooking gym/sorting room Kitchen area Large lobby area currently divided into (2) offices Large office with closet and 1/2 bathroom Basement with entrance door to Roane Street Multiple office and storage rooms in basement Ladder leading from basement to the upstairs Large open mechanical/storage room with door to outside Bathroom with 3 stalls, urinal and shower in basement SALE CONDUCTED IN CONJUNCTION WITH Ronnie Colyer Auction & Realty | 423-506-0990 Roane County Parcel / Tax ID: 026F H 024.00 Yearly Property Taxes: City of Harriman – $1,055.56 | Roane County – $2,266.06 | Total Yearly Taxes – $3,321.61 Zoning: C-1/H-1 Lot Size: 125 x 127.5 | 0.36+/- acre
Name COMMERCIAL REAL ESTATE AUCTIONS - HARRIMAN & KNOXVILLE
Auctioneer
Type Online-Only Auction
Date(s) 1/4/2024 - 1/31/2024
Auction Date/Time Info
WEDNESDAY JANUARY 31ST AT 12:00 NOON (ET)
Preview Date/Time 3515 N BROADWAY - FRIDAY JANUARY 26TH FROM 2:00 - 4:00 502 N ROANE STREET - MONDAY JANUARY 29TH FROM 2:00 - 4:00
Checkout Date/Time .
Location
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
2 PROPERTIES SEE BELOW: North Knoxville Commercial Building – 3515 N Broadway Street – Knoxville, TN 37917 ONLINE ONLY COMMERCIAL REAL ESTATE AUCTION 5,700+/- SF commercial building in convenient North Knoxville location BIDDING BEGINS TO CLOSE: Wednesday, January 31st at 12:00PM – Noon (ET) OPEN HOUSE: Friday, January 26th from 2:00-4:00PM (ET) Located in North Knoxville across Broadway from historic Emoriland and Fairmont Boulevards Minutes from I-640 and downtown Knoxville Strong Average Daily Traffic Counts from 2022 of 16,859 north of the property and 16,667 south of the property Over 5,700+/- SF building with detached storage buildings Building is divided into 2 large showroom areas Situated on a large 1.89+/- acre lot with 318’+/- of road frontage on Broadway Multiple use options with current C-G-2 zoning Awesome buying opportunity for an owner-occupant, investor or developer Bathrooms have been damaged and need repair Property does have flood restrictions Knox County Parcel / Tax ID: 069MA010 Yearly Property Taxes: City of City – $5,930.49 | Knox County – $4,275.36 | Total Yearly Taxes – $6,205.85 Zoning: C-G-2 Lot Size: 1.89+/- acre 8,000+ SF Commercial Building – 502 N Roane Street – Harriman, TN 37748 ONLINE ONLY COMMERCIAL REAL ESTATE AUCTION Over 8,000 SF – Former post office building in historic downtown Harriman BIDDING BEGINS TO CLOSE: Wednesday, January 31st at 12:00PM – Noon (ET) OPEN HOUSE: Monday, January 29th from 2:00-4:00PM (ET) Well recognized former United States Post Office building located in historic downtown Harriman built between 1911-1912 located on the corner of N Roane Street and Queen Avenue Part of the Roane Street Commercial Historic District of the National Register of Historic Places This over 8,000 SF Beaux Arts influence building features a full basement, Flemish bond brick, projecting limestone cornice with dentils & frieze, porthole accents, 12 over 12 double-hung windows, Ionic columns on facade, and limestone lintels, sills & beltcourse Beautiful wood, metal and marble architectural features Grand ceilings and crown molding Lovely terrazzo flooring in many parts Great redevelopment opportunity for event venue, brewery/restaurant, boutique hotel/AirBnB – limitless possibilities, just use your imagination Large paved driveway/parking area Loading dock area with 5 doors Former mail sorting room has been turned into a half court basketball court 1/2 bathroom with sink and toilet – marble walls & accents in floor and terrazzo floor (2) walk-in safes Former Post Master office with closet and stairs to upstairs with window overlooking gym/sorting room Kitchen area Large lobby area currently divided into (2) offices Large office with closet and 1/2 bathroom Basement with entrance door to Roane Street Multiple office and storage rooms in basement Ladder leading from basement to the upstairs Large open mechanical/storage room with door to outside Bathroom with 3 stalls, urinal and shower in basement SALE CONDUCTED IN CONJUNCTION WITH Ronnie Colyer Auction & Realty | 423-506-0990 Roane County Parcel / Tax ID: 026F H 024.00 Yearly Property Taxes: City of Harriman – $1,055.56 | Roane County – $2,266.06 | Total Yearly Taxes – $3,321.61 Zoning: C-1/H-1 Lot Size: 125 x 127.5 | 0.36+/- acre
Real 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. M&M Title 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 Seller approval. Closing to occur on or before March 1st, 2024. The contract will not be contingent upon financing, inspections or any other contingencies. Powell 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.** Thank 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. New Bidders, please Pre-Register, we will have to approve you to Bid!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
10% DOWN
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