Furrow Auction Company
REAL ESTATE AUCTION
 
7,864 SF Commercial Building Located in
Kingsport, TN


1645 E. Stone Drive
Kingsport, TN

Friday, August 28th, 2009 - 11:00 AM

OPEN HOUSE: WEDNESDAY, AUGUST 26TH, 2009 10AM - 2PM

SPECIAL FINANCING!
  • 15% Cash Down Payment

  • 20 Year Amortization / 7 year Maturity

  • 6% Fixed Interest Rate

Financing subject to proof of income, acceptable repayment capacity, no bankruptcy or material adverse credit reporting

Subject to Bank Customer Identification Program requirement

7,864 SF Commercial Building
1645 E. Stone Drive, Kingsport, TN 

  • Multi –Tenant Building
  • Prime Location with Good Visibility

 

Utilities Available: Electric / Water / Sewer / Telephone
Zoning: 
B-3 – General Business District
Estimated Real Estate Taxes:

Annual Sullivan County Real Estate Taxes – Approx. $8,798.33
Annual Kingsport City Real Estate Taxes – Approx. $7,998.48
Total Annual Real Estate Taxes – Approx. $16,796.81
 

                        Taxes to be pro-rated at closing.

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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AUCTION DOCUMENTS

Auction Brochure
1645 E. Stone Dr. Title Commitment
1645 E Stone Dr Title Commitment Exception Documents
1645 E Stone Dr Survey
Appraisal for 1645 East Stone Drive
EIFS Condition Report for 1645 East Stone Drive
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