Commercial Building - 7,658 sq ft on 2 acres - Skating Center

Large Clear-Span Building [7,658 sq ft] on 2 acres  Commercial Level Site on Hwy 48 N - Centerville
  •   Sep 13 @ 1:54pm CDT (Start)
  •   Oct 18 @ 6:00pm CDT (End)
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Large Building & 2 Acres - Auction - Commercial

Skate Center - 40 years - Centerville

Large Commercial Building on 2 acres / Hwy 48 N

2565 Hwy 48 North - Nunnelly, TN (Centerville)

Amazing 417' of ROAD FRONTAGE on Hwy 48

 

This building has many potential uses and was constructed

in such a manner that will allow the new owner ease of remodeling.

The structure features 7,658 square feet of space under roof!  The

building is a clear-span, utilizing trusses on masonry walls with a concrete

floor.  A NEW metal roof was added to one side of the building just two years ago.

The building has two restrooms and a room for food preparation / serving (or storage).

Measurements: 101' deep x 70' wide, plus a 48' x 12' side room for

restrooms, kitchen area, dining, entry, etc.

 

This facility was built in 1980 to serve the community as

the Skate Center.  Many kids & adults over the past four decades

have enjoyed this skate center. 

The family has now decided it is time to sell the property.

But HOW do you price such a property??  The answer is

allow the "market" to price the property through competitive

bidding.

 

It is definitely not very often such a property is made available via

Auction in the Hickman County area.  We encourage everyone

interested in this property to explore the many possibilities and visit

the facility at the time of viewing.

OPPORTUNITY ZONE - This property is located in an Opportunity Zone!

Please consult your tax advisor for benefits of purchasing real estate in an

Opportunity Zone.

David Hudgins, auctioneer.  TN Lic#4787

10% Buyer's Premium added to bid amount to determine final purchase price.

The bidding will end on Tuesday, Oct. 18th - 6:00pm

TERMS:

PROCEDURE: The property will be sold as a whole.

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.

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:

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

ZONING: Currently, the property is COMMERCIAL.  The property is located approximately a HALF mile off Hwy 100 on Hwy 48 N, just before the Centerville Airport.  This is approximately one hour west of Nashville, TN.

UTILITIES: Public Water, Sewer, Gas & Electricity are available.  There is also a septic system in place.

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.