Lender Ordered Auction
N. JC Commercial Property

SOLD at AUCTION! Thur., June 27, 2019

S O L D !!

FORECLOSURE
A U C T I O N

Commercial Property
.876 Ac.Tract + Building

Thursday, June 27, 2019 at 10:00 a.m.

The Auction Will Be Conducted On The Subject Premises, located at….

3100 N. Roan St.
Johnson City TN 37601
Washington County TN Tax Parcel ID #029-119.01

Important Notice!
Clarification:
This valuable commercial location consists of TWO parcels. Both Parcels have the address “3100 N. Roan St.”.
The property actually being sold is the parcel to the left and front of the total site with the building that faces and fronts on N Roan St.
We are NOT selling the building and land to the right of and behind the subject property, accessed across the subject property by granted R.O.W. (former House of Ribs), Washington County Tax Parcel ID #029 -119.00.

(See “SURVEY” in the Documents Section of this page)

NOTE: All Information posted herein is taken from public records and 3rd party sources. The information is not guaranteed reliable or accurate by the Auctioneer nor the Seller. See “Due Diligence” further down this page.

Land Description: .876 Acres, by Deed
Zoned B-4 / R-5, per tax card
Improvement Description:  5,292 sq, ft., per tax card

The TAX CARD with information about this property is available for viewing/printing in the Documents Section of this page (Document 1).
A SURVEY (from 2001) is also available. (Document 2).
These Documents contain reference resources for potential purchasers, as a part of performing their due diligence, to access information regarding R.O.W.s, easements, etc.  

All property taxes payable to the City of Johnson City TN and Washington County TN are paid in full through Dec. 31, 2018.
The Purchaser will pay all 2019 Property Taxes in full when they become due.
2018 Taxes:
City – $3,188.05     
County – $4,014.25

Information last updated Sat. June 15, 2019 @ 12pm
More Details & Pictures to be posted soon! Check back here, often….

Property Address

3100 N. Roan St.
Johnson City, TN 37601

Click Here for a Map

Contact David Cole

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Terms and Notes

TERMS
Purchaser will pay 10% of the winning bid / final sale price as deposit at the conclusion of the auction. The is NO Buyer's Premium being charged at this auction. The balance of the purchase price will be due and payable by cash in full within 15 days, or as soon as is practicable, per the Substitute Trustee.
NOTE: This is a sale for cash at closing. The sale of the subject property is NOT conditional on any Buyer getting a loan to pay for their purchase of the property. Come to the auction prepared to bid, buy, and pay for the property.

DUE DILIGENCE
This property is being sold “as is, where is, as inspected, day of auction”. Neither the Seller nor the Auctioneer guarantees the accuracy or credibility of pre-auction information. Prospective purchasers are required to perform due diligence prior to bidding at the auction. This means the prospective purchaser must personally seek out the information required for the prospective purchaser to determine the property suitable for purchase. If dimensions are important, measure. If zoning and use is important, contact the appropriate city or county department to inquire as to permitted uses. If any inspection is needed, please consult a professional in the related field. Come to the auction PREPARED to bid.

NOTES
NOTE: Statements, terms, and availability day of auction take precedence over pre-auction advertising, statements, or information.

NOTE: The sale of this property is NOT conditional upon the Purchaser receiving a loan. Therefore, you must come prepared to bid and buy per the terms of the sale.