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Absolute Auction of Office/Retail Space in Chattanooga
Watch this Listing
Listing ID:  117072 
Status: Deleted
3905 Webb Road ~ Chattanooga, TN Commercial / Industrial | Commercial / Industrial
Current Bid: $1,000  (No Reserve)
Number of Bids: 1 Bid History
High Bidder: Steve
Time Remaining
DaysHoursMinutesSeconds
- - - -
 
Bidding Opens: Oct 27, 2015 9:48 AM
Bidding Ends: Dec 02, 2015 10:59 PM  (Central)
Starting Bid: $1,000
Contact: David Pozy
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms


Contact Information
Contact Type: Broker/Auctioneer
Contact Name: David Pozy
Agency Name: Pozy Auctions LLC
Contact Phone: (865) 862-8520
Showings: Supra Lock Box


Address Information
Street Address: 3905 Webb Road
City: Chattanooga
County:
State/Province: TN
Postal/ZIP Code: 37416
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Commercial / Industrial
Category: Commercial / Industrial
Square Footage: 2,762 (Approximate)
Lot Size: 93x220
Year Built: 1979
Taxes: $3,603
MLS/FMLS ID:

Picture Gallery

Description

Absolute Auction! 
3905 Webb Road, Chattanooga, TN 37416
Thursday, December 3rd at Noon

Auction of Office/Retail Space on Webb Road near Hwy 153 and approximately 15 minutes from Downtown Chattanooga. Former pediatric clinic, currently antique store. 

·        2,700 sq. ft. building includes 11 offices, kitchen and 3 bathrooms areas.

·        Adequate parking in front of the buildings for customers.

·        Storage building in rear.

·        Well maintained interior is flexible for multiple uses.

·        Entire site is professionally landscaped.

 

Parcel no. 129B B 008

Lot Dimensions: 93x220

Acreage: +/- 0.41 acres

City Taxes: $1,639.39

County Taxes: $1,963.29

Total Taxes: $3,602.68

Year Built: 1979

Building Square Footage: +/- 2,762

 

For more information, call 1-800-540-5744, ext. 9022.

Directions:

From Downtown Chattanooga: Take Amnicola Hwy to TN-153 S. Merge onto TN-58 N via EXIT 5A toward Decatur. Turn left onto Webb Rd. Property is on the left.

From Knoxville/Cleveland: Take I-75 S towards Chattanooga. Merge onto TN-153 N via EXIT 4 towardChickamauga Dam/Airport. Merge onto TN-58 N via EXIT5A toward Decatur. Turn left onto Webb Rd. Property is on the left.


Bidding History
BidderBid AmountBid TimestampAuto-Bid
Steve$1,000 Sun - Nov 29, 2015 05:23:09 PM

Questions
 
Question: Are there any taxes or liens on the property?
Answer: Taxes are paid by Sellers from proceeds of sale. No Liens. Please go to our website pozyauctions.com and click on auctions. There you will find anymore questions you may have. A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s).
Question: Is the property currently rented to anyone? Also, what is the buyers premium if any?
Answer: The property is vacant. We will be onsite conducting the auction on the 3rd.

Terms
  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. While auction is "active", all bids can be placed online or offline (OFFLINE BIDDER MEANS BIDDER SUPPLIED BID IN PERSON WITH AUCTIONEER.
  3. Winning bid is subject to seller approval prior to live auction.
  4. A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s).
  5. Buyers Agent commission of 2% is being offered.
  6. All bids are placed in US Dollars.
  7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  8. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  9. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  10. The high bidder will be notified via email after the auction ends however, not necessarily the winning bid if we are going to live auction the next day. If you are out bid in the live auction you can increase via phone or absentee.
  11. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  12. Sale is “as-is”, "where-is". Seller will not fix anything.
  13. Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a Purchase & Sale Agreement at the winning bid amount and based on the terms described here.
  14. Closing will take place at seller's title company, Foothills Title in Knoxville, TN within 20 days of signing the contract.
  15. When contract is signed, winning bidder will pay 10% nonrefundable down payment to be held at Keller Williams Realty / Pozy Auctions.
  16. The down payment may be paid in personal check, business check and/or cash.
  17. Winning bidder may, at their option and expense order a title examination and insurance.
  18. Seller will include the following personal property in the sale: None
  19. Please note: The online bidders will need to be present the day of the sale. We do not have service on the premises. If you are the highest bidder online this does not necessarily mean you are the highest bidder because of the onsite auction being conducted the day of the sale. AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer. Please call with any additional questions.
  20. Seller will exclude the following real property from the sale: None

F#5581

Buyer Premium: 10.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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