Lot # : 4 - 514-524 DEVOINIA STREET, HARRIMAN, TN

Online Only Real Estate Auction 512-524 Devonia Street | Harriman, TN 37748 Value add Harriman Strip Center with 6 Suites BIDDING BEGINS TO CLOSE: Tuesday, March 22nd at 12:00PM (NOON) Click Here for Online Bidding Located in Downtown Harriman Value add Strip Center with 6 Suites Currently 3 Suites are Leased with total income of $1,700.00 per month The current owners are currently using Suite 524 for storage and will sign a 12 month lease for $600.00 per month, automatically increasing rental income to $2,300.00 per month Current expenses for the property are property taxes ($3,673.52 per year), insurance ($1,400.00 per year), and utilities ($150.00 per month) Approx. 9430 SF of Rentable Space Suite Breakdown: - 514 - 1200 SF - $650.00/mo (month-to-month) - tenant since 2014 - 516 - 1500 SF - $500.00/mo (month-to-month) - tenant since 2021 - 518 - 1080 SF - $550.00/mo (lease expires 10/31/2023) - tenant since 2020 - Rent increases to $600.00/mo 10/2022 - 520 - 1200 SF - Currently Vacant - 522 - 1020 SF - Currently Vacant - 524 - 3430 SF - Currently occupied by the owner for storage - Will sign a 12 month lease at closing for $600.00/mo Approx. 150' x 55' of paved parking area Lot Size: +/- 0.44 acre (150 x 127.5) Parcel/Tax IDs: 026F G 035.01 Zoning: C-1 Yearly Property Taxes: $3,673.52 (total yearly taxes - Roane County and City of Harriman) Year Built: 1974 (3500 SF) and 1982 (6000 SF) SALE CONDUCTED IN CONJUNCTION WITH: Ronnie Colyer Auction & Realty | 423-506-0990 OPEN HOUSE ON SATURDAY MARCH 19TH FROM 9:00 - 11:00 AM

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