29 Unit Boat Storage Complex with 3000 sq ft Shop
Previous Page Listing ID#: 1676046
Previous Page Listing ID#: 1676046
| Auction Location |
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LaFollette, TN Full Address Available on Wednesday, Nov 20 |
| Auction Dates and Times |
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Thursday Nov 21, 12:00 AM to |
| Auction Type |
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  Live Auction with Online Bidding
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| Company Information |
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Ayers Auction and Real Estate Website: www.ayersauctionrealty.com GoToAuction.com ID#: 1064 View company information and listings |
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| Listing Terms and Conditions |
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10% down within 24 hours of auction completion, balance upon closing within 40 days. 10% Buyer’s Premium.
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| Listing Information |
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ONLINE ONLY AUCTION 29 Unit Boat Storage Complex With 3000 sq. ft. Heated Shop 153 Shanghai Rd., LaFollette, TN 37766 Begins to End Thurs., Nov. 21 @ 7 PM **Inspection Anytime, Mon. - Fri., 9 - 4 PM** Constructed from 2020-2021, this boat storage complex checks all the boxes for the perfect investment. The 29 units are all 14’x40’ in size, with 12’x14’ roll up doors. All are metal construction, built on concrete slab, with individual lights and electric plug-ins. There is an electric security gate with punch pad, and the complex has a wide swing-in entrance. The 3000 sq. ft. A&S Steel building has a 1000 sq. ft. retail space that is heated and cooled, with a bathroom and 12’x14’ roll up door. The remaining 2000 sq. ft. shop area is heated, with (3) 12’x14’ roll-up doors. In addition, there is another 40’x75’ A&S Steel building that is all open, but perfect for dry storage. Both of these buildings will be leased back to the current owner for $2,800/mo (see attachments). Located at the crossroads to 2 major Norris Lake docks, this complex is also strategically situated within 4 miles of hundreds of Norris lake homes and lots. 2024 Property Taxes: $4,059 Tax Map: 101 Parcel: 207.00 Warranty Deed Book: 523 Page: 191 LOCATION: LaFollette. Traffic light #4, turn on South Ave. beside of Gamble Motor Co. Travel 5 3/4 miles, bear left at Shanghai Rd., then 200 yards to the complex on the left. TERMS: 10% down within 24 hours of auction completion, balance upon closing within 40 days. 10% Buyer’s Premium. Auctioneer: Paul Provins TN LIC#: 4528 |
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Auction License: 407 & 3949 |
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