Online Only Auction - Income Producing Commercial Building

Auction in 1326 Jacksboro Pike, Lafollette, Tennessee, United States

13 Tuesday
13th July, 2021

Online Only Auction - Income Producing Commercial Building

Auction in 1326 Jacksboro Pike, Lafollette Tennessee, United States

Tuesday at - 13th July , 2021

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A great opportunity to add to your rental portfolio! Located on Jacksboro Pike - Great Visibility! Call 423-286-0041 for property and bidding information.

10% down within 24 hours of auction completion, balance upon closing within 40 days. 10% Buyer’s Premium added to bid price. Owner/Agent
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Description

ONLINE ONLY

AUCTION

Begins to end, July 13 @ 6 p.m.

Income Producing Commercial Building

1326 Jacksboro Pike, LaFollette, TN 37766

**Inspection: MAIN LEVEL – Anytime during normal business hours**

 

This 6,000 sq. ft. commercial block building is currently bringing in $1,425 per month with 100% occupancy. The main level has 3,000 sq. ft. split between 2 tenants, both with glass front retail space and bathrooms. The building has gas heat and central air. The 3,000 sq. ft. basement is split into 2 storage spaces, with one tenant occupying both. This property fronts right to the 4 lane, Jacksboro Pike, with great visibility and access. In addition, the basement bears access off Old Jacksboro Pike, which runs behind the property. This would be a great income producing property to add to your rental portfolio! 



2020 Property Taxes: $1,208.68        Tax Map: 094I             Group: A          Parcel: 032.00

Warranty Deed Book: 464     Page: 464

Location: LaFollette, Hwy 25W (Jacksboro Pike), directly across from David Bales GMC on the 4 lane.

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

ONLINE ONLY

AUCTION

Begins to end, July 13 @ 6 p.m.

Income Producing Commercial Building

1326 Jacksboro Pike, LaFollette, TN 37766

**Inspection: MAIN LEVEL – Anytime during normal business hours**

 

This 6,000 sq. ft. commercial block building is currently bringing in $1,425 per month with 100% occupancy. The main level has 3,000 sq. ft. split between 2 tenants, both with glass front retail space and bathrooms. The building has gas heat and central air. The 3,000 sq. ft. basement is split into 2 storage spaces, with one tenant occupying both. This property fronts right to the 4 lane, Jacksboro Pike, with great visibility and access. In addition, the basement bears access off Old Jacksboro Pike, which runs behind the property. This would be a great income producing property to add to your rental portfolio! 



2020 Property Taxes: $1,208.68        Tax Map: 094I             Group: A          Parcel: 032.00

Warranty Deed Book: 464     Page: 464

Location: LaFollette, Hwy 25W (Jacksboro Pike), directly across from David Bales GMC on the 4 lane.

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