7712 Clinton Highway, Powell TN

Thursday, May 24, 2012 - 11:00am
Absolute Auction

To settle an Estate

Commercial Building, 2.85+/- Acres with approx. 420 ft. of road frontage along Clinton Highway
Currently MTM's Bar
2,400 sq. ft., 40 ft x 60 ft. Building, 2.85 +/- Acres
Zoned Commerical
All public utilities, Excellent Invesment Property

Attention investors: this is a real opportunity to own a clean, all block building which has been a part of the Powell Community for more than 70 years. You have the chance to own the entire property and take advantage of its full potential. 2,400 sq. ft. building with open seating, table area, full size bar, bathrooms and offices. There is an additional outbuilding approximately 649 sq. ft. Currently in full operation and zoned commercial, the building is metered with all public utilities, gravel parking with additional parking at the rear of the building.

Sale Rain or Shine

Terms: 

10% day of sale, balance due at closing. Taxes: Prorated Possession: Rental possession plus 30 days.
10% Buyer's Premium to be added to bid to determine final sale price.

Homes built prior to 1978 are subject to have lead-base paint. In accordance with federal law, all potential buyers will be allowed 10 days prior to sale to have the home inspected at their expense.

ALL ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PREVIOUS ADVERTISING

Location Information

7712 Clinton Highway
Powell
Tennessee
37849
Auction Sold Price: 
$170,500
Property Type: 
Absolute Auction - Commercial Building
Auctioneer(s): 
JK Graves
Additional Information: 

ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED.

ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED.