| Thursday, June 16, 2011 LEARING SALES Auction
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REAL ESTATE AUCTION
Office/Warehouse/Distribution/Industrial Buildings
in Chattanooga, TN
1218 E. 23rd Street
Chattanooga, TN
Tuesday, July 19th, 2011 - 12:00 Noon
Inspection: By Appointment Only
SPECIAL FINANCING OFFERED BY COMMERCIAL BANK!! 4.5% Fixed Interest Rate for 5 Years 20 Year Amortization Terms Subject to Qualified Buyers
For financing information, contact::
Dean LaRue
(865)759-2245 * (3) Buildings Totaling Approximately 17,874 Square Feet * Property is bordered by E. 23rd Street, Holtzclaw Avenue & Gifford Street. * Completely fenced in with approximately 1.94 acres. * Original 2-Story office building -- Built in 1900 * Office Building is approximately 5,124 SF and includes (2) half baths and (1) full bath * Retail/Reception Building is adjacent to Office Building and totals approximately 2,237 SF * Warehouse building totals approximately 8,813 SF. * Enclosed portion of Warehouse has (1) 12' roll up door * "Shop" space is located at the rear of the Warehouse and includes an office area, break room, full bath and open bay with (4) 12' roll up doors * Additional bay with (2) 12' roll up doors is located in the back of the building * Remaining property is gravel and offers ample space for general parking, storage of vehicles or additional improvements.
Utilities Available: Electricity / Water / Sewer
Zoning: M-1 -- Industrial District
Estimated Real Estate Taxes:
Approximate Annual Hamilton County Taxes: $4,357.96
Approximate Annual Chattanooga City Taxes: $3,638.98
TOTAL ANNUAL REAL ESTATE TAXES: $7,996.94
Taxes to be pro-rated at closing
Directions: In Chattanooga, traveling west on I-24, take Exit 180A to merge onto Rossville Boulevard and travel 6/10 mile. Take a sharp RIGHT onto E. 23rd Street and travel 4/10 mile to property on RIGHT
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
Case IH 9280, 12 Spd, 18.4x42 Triples JD 4010 Diesel, WF, 3pt Skid Steer 8’ Snow Bucket Lunch on grounds! DENNIS ROSKE ESTATE ITEMS (3) Reddy Heaters Diesel Portable Generators Universal 3rd Link ... Read Full Source
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