Prime Commercial Property (10+ac. Adjoining Tanger Five Oaks Mall)
Prime Commercial Property
(10+ac. Adjoining Tanger Five Oaks Mall)
“In the Foothills of the Great Smoky Mtns.”
234 Caton Rd Sevierville Tn.
Date: Thursday, September 12th @ 2:00 PM
(Auction being conducted Live On-Site)
Directions: From Sevierville at the intersection of Forks of the River Parkway and Parkway, make a slight right onto Parkway US 441. Travel South 2.2 miles to left just past Tanger Five Oaks Mall onto Caton Rd and go 2/10ths mile to auction site on the left.Todd Thompson Auctions is pleased to bring to ABSOLUTE AUCTION this 10ac. development tract located in the heart of Sevierville. This tract has been in the King family for the last 46yrs! . This is an excellent opportunity to enter into the Sevierville marketplace at ABSOLUTE AUCTION !
• 10.32ac. Being sold in (2) Parcels
• Zoned IC (C-3) Intermediate Commercial District
• Powerful Location / Adjoining Shopping and the nearby Theater District
Possible uses would include :
• Retail. Hotel Motel, Multi Family, Restaurant, RV Resort
• A Prime Multi-Use Property suitable for redevelopment
Property Improvements :
• B & M Mini Warehouses
• 9,500 Sq. ft. Mini Storage Complex with Living Quarters
• (60 Units 13-12 x 24, / 47-7 x 10) Income Producing
• King’s Pool Supply & Parts Building
• 2,400 Sq Ft. Multi-use Building / Sales Office
• 24’ x 50’- 4 Bay Garage Building
REAL ESTATE: 10% Down day of sale, balance due at closing within 45 days. The successful bidder will be required to sign a note
for the deposit amount with the contract in addition to deposit paid day of sale. Note shall become null and void when buyer shall
complete all the requirements for closing as set out in contract.
A 10% Buyers Premium will be added to all Real Estate.
TO BE SOLD TO THE HIGHEST BIDDER WITHOUT MINIMUM OR RESERVATION
2% Broker Participation is available to all qualified Real Estate Agents. Please contact the office for guidelines and approval.