Name Commercial Building on Centerville Square
Auctioneer Hudgins Auctions & Realty
Type Online-Only Auction
Date(s) 8/14/2017 - 9/14/2017
Location 101 Church Street
Centerville, TN 37033
Buyer Premium 10% of the Bid Amount will be added
Description
Vacant Commercial Building & Adjoing Lot Both Parcels Sell Together - 101 & 103 Church Street, Centerville, TN This building was once the location for T. Dock Baker's Shoe & Repair Shop The downtown Centerville Square was once a vibrant and active economic hub of activity for this town and county. Businesses included: dentists, lawyers, grocers, dress shops, barbers, hardware stores, a shoe repair, furniture stores, department stores, pharmacies, an automobile dealership, a movie theater, a hotel, appliance stores, the county nurse’s office, five-and-dime stores, a bank, and several diners on the square at that time. Today, the Centerville Square boasts a wide variety of businesses and professional offices, from restaurants and diners, cafes, antique and vintage collectables stores, to arts and crafts and service-oriented businesses. There are also a variety of events, fairs and organized activities planned and held throughout the year on the Town Square. This online auction features TWO parcels (101 & 103 Church Street), an empty building, one story and a vacant lot. Both parcels are selling together as one property. The building is in need of repair. You can see for yourself, the building needs a lot of remodeling. The first item to address is the roof. It leaks. It needs to be replaced. From there, YOU, as the new owner can determine how you wish to complete the building. A visit at any historic downtown will reveal just how these OLD buildings are given a new purpose in life with some creative design and build-outs. Everyone is eager to see the new life for this old downtown building. Per the county property assessor's report, the building is 1,104 square feet in size. The vacant lot is 35' x 64'. This property is located across the street from the Four Season's Outdoors' Store and just down from Breece's Cafe, on the left side of Church Street. Register and Bid Online. Bidding Ends Thursday, Sept. 14th at 6pm
101 & 103 Church Street, Centerville, TN, Hickman County, TN TERMS & CONDITIONS This Property - 101 & 103 Church Street (2 parcels) are selling via Online Auction - bid ending....Thursday, Sept. 14th at 6:00pm being offered as a whole. PROCEDURE: Opening Bid - $500 - for BOTH parcels. Selling ABSOLUTE. BIDDING INCREMENTS: Bidding is set for $250 increments. DOWN PAYMENT: A down payment, 10% of the total contract purchase price, will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The 2017 taxes will be prorated to date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey. Property will be sold per existing deed. AGENCY: Hudgins Auctions & Realty and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is COMMERCIAL. The property is located on Church Street, just off the Square. UTILITIES: Water, Sewer, Gas & Electricty available DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report, and/or aerial views.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 250.00 USD
1,000,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added