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Type Online-Only Auction
Price Realized Price Realized Not Uploaded
Date Sold 3/22/2022


Lot # 4
Group - Category Real Estate - Residential
Lead 514-524 DEVOINIA STREET, HARRIMAN, TN
Description
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
Name BROWN WEST, ROANE, COFFMAN & DEVONIA
Auctioneer Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 2/21/2022 - 3/22/2022
Tuesday March 22nd @ 12:00 NOON
Preview Date/Time Call Phillip at the office at 865-938-3403
Checkout Date/Time If you are the winning bidder, you will receive an email with contract & further instructions.
Location BROWN WEST, ROANE & COFFMAN
ROCKWOOD, TN 37854
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
4 PROPERTIES - GO TO POWELLAUCTION.COM MORE INFORMATION ON EACH PROPERTY.
Auction Terms & Conditions GO TO POWELLAUCTION.COM FOR THE TERMS ON EACH PROPERTY. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
If you are the winning bidder, you will receive an email with contract & further instructions.