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AUCTION
Brick Commercial Building
1016 West Central Ave., LaFollette, TN 37766
Begins to End Tuesday, August 19 @ 6PM
**Inspection: Rented units - anytime during normal business hrs. Contact Ayers Auction to inspect vacant unit**
This 2700 sq. ft. commercial rental building is located right on the 4-lane at traffic light #4 in LaFollette. Currently split into 4 rental units, with 3 of the units rented month to month with long time tenants while the remaining unit would need total rehab. In addition to parking directly in front of the building, there is also a large asphalt parking lot beside the building on the East side. This property has great highway exposure, and with cosmetic work could be a great source of rental income.
2025 Property Taxes: $1,277 Tax Map: 094I Group: A Parcel: 002.00
Warranty Deed Book: 269 Page: 692
TERMS: 10% down within 24 hours of auction completion, balance upon closing within 40 days. 10% Buyer’s premium.
Auctioneer: Paul Provins TN LIC#: 4528
Overview
Under Contract: No