Commercial Building, Lots, Home, Acreage just off I-75, Exit 134
Online Only
Estate Auction
Commercial Building, Lots, Home, Acreage
267 John McGhee Blvd., Caryville, TN 37714
Begins to End Tues., July 9 @ 6 PM
**Inspection: Commercial bldg. during normal business hrs. Contact Ayers Auction for home**
Located within 1/4 mile of the interstate interchange, this auction has something for anyone looking for investment property. There is a 2800 sq. ft. commercial brick building currently rented to a C-Store operator. The building has a pre-fab metal roof, all utilities, and is rented for $1500 a month. Beside of the building are two separate, commercial lots with 140 ft. and 107 ft. of road frontage on John McGhee Blvd. Both lots are mostly on road grade, with all utilities available, and great visibility. Next, there is an existing 3 bedroom, 1 bath home located at 229 John McGhee Blvd. The home has 1064 sq. ft. of living space, plus an unfinished basement. Unoccupied for several years, the house would need extensive rehab work, but is located in a great location for rental potential. Finally, there is a 5.31 acre tract with an existing 1728 sq. ft. building located behind the commercial building and joining to Cemetery Rd. Mostly wooded, this tract could have further development potential, with an additional access from John McGhee Blvd. through an easement. All properties will be sold separately. Auction being conducted for the estate of Margaret Daugherty.
2023 Property Taxes: Lot 1 (Home) - $536, Lot 2 (Commercial Lot) $775, Lot 3 (Commercial Lot) $810, Lot 4 (Commercial Bldg.) $1,608, Lot 5 (5.31 acres) $1,122
Tax Map: 120N Group: B Parcels: 028.00 - 031.00, 046.00, & 047.00
NOTE: The commercial building does not include any inventory of the C-Store, coolers, walk-in coolers, metal carport, or smoker. These items all belong to the C-Store tenant.
Property questions, call 423-562-4941. Bidding questions, call 423-286-0041.
Auctioneer: Paul Provins TN LIC#: 4528