Auction Information
Name COMMERCIAL REAL ESTATE JULY 17, 2018
Auctioneer
Type Live Webcast Auction
Date(s) 7/8/2018 - 7/17/2018
Auction Date/Time Info
JULY 17, 2018
Preview Date/Time TO VIEW REAL ESTATE PRIOR TO SALE CONTACT DARRELL RIDGELY AT 731 987 2847.
Checkout Date/Time JULY 17, 2018
Location
Buyer Premium NO BUYERS PREMIUM!!
Description
RAIN OR SHINE Tuesday, July 17, 2018, at 11:00 am Location: 1394 Rutledge Ln, Union City, TN 38261 VALUABLE COMMERCIAL PROPERTY www.carpenter-realestate.com Auctioneer’s Comment: For Sale by Absolute Auction with NO Buyers Premium! This property is ready to go for investors interested in vehicle sales, service and maintenance. Commercial property well located at 1394 Rutledge Lane in Union City, consisting of two separate buildings on separate parcels. Offering in individual Tracts and as a Whole to achieve the highest possible sale price. NO BUYERS PREMIUM! SELLS REGARDLESS OF PRICE! TRACT 1 – A recently updated 2,220 square foot split-faced block building configured for vehicle oil change and repair. There is a pit that allows for maintenance to the underside of vehicles. There are four bays with overhead doors. Also included are a waiting room, office and employee and customer restrooms. TRACT 2 – An approx. 5,383 square foot split-faced block building that was originally constructed as a drive through car wash. This building includes recently updated office, show room, kitchen and sales areas along with customer waiting areas and an approx.19’ wide corridor running the full depth of the building that is well equipped for vehicle maintenance and detailing and includes a floor drain. Non shop areas have sheet rock walls with ceramic tile floors. There is a 30’x45’ awning suitable for vehicle parking and a fenced area outside for vehicle storage. To View Real Estate Prior to Sale or for Questions on Real Estate Call Carpenter Real Estate Co., Inc., at 731-885-3981. Real Estate Terms: 10% down day of sale. Balance due on or before 45 days. Seller warrants clear title. Buyer pays all closing costs. NO BUYER’S PREMIUM NO BUYER’S FEE OR PREMIUM – NO BUYER’S FEE OR PREMIUM! All Announcements Day of Sale Take Precedence Over All Advertised Media. Auction Company reserves the right to group and regroup tracts to achieve the highest possible price for seller. All information provided herein is believed to be reliable but cannot be guaranteed due to the possibility of human error. Please let us know if you notice inaccuracies. Would you like to convert your assets to cash? If you are considering an auction or are buying or selling real estate, Ridgely Auction and Realty can be your best asset. We work hard to earn your business. We’re a full service auction and marketing organization: We plan your the sale and advertise aggressively using a variety of media tailored to your needs. From organizing and marketing to cleaning, setting up, clerking, and executing a successful auction, we work hard to ensure a maximum return for your investment in our services. Contact Us Today! Ridgely Auction & Realty Co. Asset Liquidation Specialists Darrell Ridgely, Auctioneer/Real Estate Broker TN Firm # 4804 • KY RP # 3830 1715 Parker Store Road Cedar Grove, TN. 38321 Call or Text 731-694-6213 Office 731-987-2847 auctioneer@ridgelyauctionco.com
All items sold "AS IS, WHERE IS."  All sales are final. - Auction company believes descriptions are accurate, but in no way guarentees, or waranties   descriptions or items. - Bidder inspection of items prior to auction is encouraged. - By placing a bid, bidder signifies and agrees that they have examined the items to their satisfaction,   or that they have chosen not to personally examine them and accept them "AS IS".  - Auction company reserves the right to reject any bid at their descretion. - Pick up and/or shipping of items is the sole responsibility of the buyer.  All items are left at sale    location and are the sole responsibility of the buyer and must be removed within time frame allowed. See dates and timesabove. - Auction company is in no way responsible for shipping, storage, or disposition of purchased items.   All transport and storage of items are made at buyer's expenses. - Auction company reserves the right to cancel and/or reopen the auction due to system failures.  - All legal proceedings if any disputes shall be governed by Tennessee State law.   - Auction company is acting as agent only. 
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium NO BUYERS PREMIUM!!
Payment Terms
- Within 48 hours, payment must be made in one of the following ways: 1) In Person: deliver cash, cashiers check, personal or business check (with proper bank letter      guaranteeing funds).  All payments must be delivered to location specified or at 1715 Parker Store Road, Cedar Grove,       TN 38321 7:30am to 5:00pm.  2) Wire Transfer to Ridgely Auction and Realty (call office for transfer info.  731-987-2847). Buyer will Pay Any and All wiring fees from Both Banks. 3) Overnight - FedEx or UPS Delivery is acceptable so long as within 48 business hours.
- Within 48 hours, payment must be made in one of the following ways: 1) In Person: deliver cash, cashiers check, personal or business check (with proper bank letter      guaranteeing funds).  All payments must be delivered to location specified or at 1715 Parker Store Road, Cedar Grove,       TN 38321 7:30am to 5:00pm.  2) Wire Transfer to Ridgely Auction and Realty (call office for transfer info.  731-987-2847). Buyer will Pay Any and All wiring fees from Both Banks. 3) Overnight - FedEx or UPS Delivery is acceptable so long as within 48 business hours.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.