Commercial Space - 8,000+ sq ft - Cabinet Shop near Hwy 100 - Centerville

Large Commercial Space near Hwy 100
  •   Jul 20 @ 12:06pm CDT (Start)
  •   Nov 9 @ 6:00pm CST (End)
  •   Add to Calendar
Multi-Use Commercial Property / 8,000+ sq ft

Commercial Space - 8,000+ sq ft - Cabinet Shop near Hwy 100

Locally known as the "Waggoner Woodworking Shop" for 40 years

1902 Skyview Drive - Centerville, TN 37033

OPEN HOUSE Preview - Saturday, Nov. 4th 10am-12noon

The original structure was built in 1974 and used as a motorcycle shop.

Mr. Waggoner purchased the property and converted its use to a

woodworking shop.  In its peak, the woodworking shop had several

employees and crafted fine cabinetry for clients all over middle TN.

Mr. Waggoner expanded the building and even constructed an

"office / loft apartment" space above the main level.

Size: 140' long x 48' wide - 6,720 square feet

Upstairs "Office / Apartment" is reported as having 1,460 square feet (tax record)

Total Square Footage 8,180 under roof.

The main structure is one level, masonry construction with a flat roof and

concrete floor.  The exterior siding is wood.  There are four roll-up bay doors 

providing multiple loading access points across the front & side.

The flat rubber roof membrane has developed a leak in recent years;

there is water intrusion and the building will need repairs.

Due to health reasons, the owner has closed the woodworking

shop.  He will be keeping a variety of the tools for personal use.

This auction is for Real Estate only! No Equipment

The property features 474' of road frontage on Skyview Drive

and is located within 150' of Hwy 100 in a busy commercial area.

 

"Bid-Ending" date set for Thursday, November 9th, but may

need to change the date to accommodate the owner.  He is

moving tools, equipment and materials as time permits.

 

David Hudgins, auctioneer - TN Lic# 4787

10% Buyer's Premium added to Bid Amount

to determine final purchase price

"Starts to Close at 6:00pm CST" - All online auctions have a posted date and time.  The time provided should not be considered a HARD CLOSE.  We do not employ a Hard Close; we use a Soft Close method of bidding countdown, for purposes of extended bidding.

Extended Bidding means the capability of the online auction platform to be programmed to extend the closing time of each lot automatically by a pre-determined time (by 2 minutes for instance) as long as there is still bidding activity until all bids have been placed. “Auto extend” has the same meaning as “extended bidding”.  This process is seen quite often during online personal property auctions; we also employ this same process during online real estate auctions.

Why does Hudgins Auctions use “Extended Bidding”… Fairness to all bidders! Essentially, it is a built-in function that adds a time extension after a bid has been placed within the final two minutes of the countdown timer.  This extended bidding feature is to ensure that the process is fair for all bidders. A similar process is used in live auctions, where bidding continues as long as participants choose to place additional bids.  In our live auctions, we often give fair warning, count down, etc. to allow all bidders opportunity to bid.  Should a bid be submitted during this “extended countdown”, the bidding always continues until a last and final bid is achieved.  The online bidding format has been designed to emulate the live auction – Fairness to all bidders!

SOLD & NO SALE:  This is NOT an Absolute Auction; this is a Reserve Auction.  The seller reserves the right to accept or reject the high bid

PROCEDURE: The property will be sold as a whole - Shop & 1.5 acres. Map 084 Parcel 086.01 - Hickman County Property Assessor

"Starts to Close at 6:00pm CST" - All online auctions have a posted date and time.  The time provided should not be considered a HARD CLOSE.  We do not employ a Hard Close; we use a Soft Close method of bidding countdown, for purposes of extended bidding.

Extended Bidding means the capability of the online auction platform to be programmed to extend the closing time of each lot automatically by a pre-determined time (by 2 minutes for instance) as long as there is still bidding activity until all bids have been placed. “Auto extend” has the same meaning as “extended bidding”.  This process is seen quite often during online personal property auctions; we also employ this same process during online real estate auctions.

Why does Hudgins Auctions use “Extended Bidding”… Fairness to all bidders! Essentially, it is a built-in function that adds a time extension after a bid has been placed within the final two minutes of the countdown timer.  This extended bidding feature is to ensure that the process is fair for all bidders. A similar process is used in live auctions, where bidding continues as long as participants choose to place additional bids.  In our live auctions, we often give fair warning, count down, etc. to allow all bidders opportunity to bid.  Should a bid be submitted during this “extended countdown”, the bidding always continues until a last and final bid is achieved.  The online bidding format has been designed to emulate the live auction – Fairness to all bidders!

SOLD & NO SALE:  This is NOT an Absolute Auction; this is a Reserve Auction.  The seller reserves the right to accept or reject the high bid. 

DOWN PAYMENT: A 10% down payment 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.  The sellers reserve the right to accept or reject the high bid.

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 current year taxes on said Property shall be prorated to the date of closing.  There are no liens on this property and all taxes are paid current.

EASEMENTS: Sale of said property is subject to any and all easements of record. 

SURVEY: No New Survey; Sell per existing deed

AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller.

ZONING: Currently, the property is Commercial.  The property is located one blocks off Hwy 100 in Centerville on Skyview Drive.  This is approximately one hour west of Nashville, TN.  The subject property is within site of the highway.

UTILITIES: Public Water, City Sewer, Gas & Middle Tenn Electric Service; MLConnect (high speed Internet)

1902 Skyview Drive was originally built in 1974 and used as a Motorcycle Shop.  The property was sold in the 1980's and become a woodworking shop.

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.

Server & Software Technical Issues: In the event technical issues are experienced that are related to the server, software or any other online auction related technologies, Hudgins Auctions, David Hudgins (Auctioneer) and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. By registering and bidding in this auction each bidder automatically and expressly acknowledges that Hudgins Auctions, David Hudgins (Auctioneer) and the company providing the software shall NOT be responsible or liable for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Hudgins Auctions, David Hudgins (Auctioneer).