Commercial Building w/ Long Frontage on Hwy 100
2826 Hwy 100 - Centerville, TN 37033
This commercial building features 2,464 square feet, with the potential
for three separate spaces. New Survey: 1 acre parcel
This location has been a successful electronics business
for over 30+ years. Owner retired this year.
The structure was quality, masonry construction, slab foundation
and truss framing for the roof system. The building is 86' wide,
three distinct areas (26' + 44' + 16'),
each providing a different use for the owner.
The primary central space of 1,320 sq ft was the "Retail" center
of the building. This area is wide open space with opporunity
for any desired future design and use.
The western portion of the building features a 728 sq ft
recording studio. This sound studio (Merlot Sound) has
served the likes of The Crickets, Sonny Curtis, Bucky Wilkin
of Ronnie & the Daytonas, Jennifer Warnes, Mark Collie,
Jack Clement, Bob Babbet, Joe Osborn, Larry Knechtel of
Bread, Chas Hodges of Chas & Dave, Ed Bruce and more...
The eastern portion of the building featured a custom,
one-a-kind model train display and layout. One of the owner's
passions continues to be model TRAINS. This train layout
was a sight to behold. The space could easily be a small
public or private office, service center, retail, or ??
Use the entire building for your growing business, regional
service center, etc. This is a premium location on
Hwy 100 between Centerville and Lyles.
The Seller is open to the idea of "Owner Financing"
The property has been surveyed and corners marked.
A copy of the new survey will be made available
to anyone to view.
Online Bidding ends on Thursday, July 11th at 6:00pm
David Hudgins, auctioneer - TN Lic# 4787
931-994-7144
There is a 10% Buyer's Premium added to the bid
to determine the final purchase price.
PROCEDURE: The property will be sold via Online Bidding only (1 acre parcel on Hwy 100 in Hickman County w/ masonry building) - 2826 Hwy 100, Centerville, TN. After the online bidding has closed, the high bidder will sign a Purchase Agreement. The signed Purchase Agreement will be presented to the Seller for approval.
Bidding Ends: July 11th at 6:00pm..."Starts to Close at 6:00pm CST" - All online auctions have a posted date and time. The time provided should not be considered a HARD CLOSE. We do not employ a Hard Close; we use a Soft Close method of bidding countdown, for purposes of extended bidding.
Extended Bidding / Soft Close means the capability of the online auction platform to be programmed to extend the closing time of each lot automatically by a pre-determined time (by 2 minutes for instance) as long as there is still bidding activity until all bids have been placed. “Auto extend” has the same meaning as “extended bidding”. This process is seen quite often during online personal property auctions; we also employ this same process during online real estate auctions.
Why does Hudgins Auctions use “Extended Bidding”… Fairness to all bidders! Essentially, it is a built-in function that adds a time extension after a bid has been placed within the final two minutes of the countdown timer. This extended bidding feature is to ensure that the process is fair for all bidders. A similar process is used in live auctions, where bidding continues as long as participants choose to place additional bids. In our live auctions, we often give fair warning, count down, etc. to allow all bidders opportunity to bid. Should a bid be submitted during this “extended countdown”, the bidding always continues until a last and final bid is achieved. The online bidding format has been designed to emulate the live auction – Fairness to all bidders!
SOLD & NO SALE: This is NOT an Absolute Auction; this is a Reserve Auction. The seller reserves the right to accept or reject the high bid.
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. Selling these properties to settle the Toby Jenkins Estate. Subject to final approval of the Estate.
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: New survey; Copy available to view
AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller.
ZONING: Currently, the property is COMMERCIAL. The property has long road frontage on Hwy 100, located between East Hickman County and the Centerville Downtown Square. This is approximately one hour west of Nashville, TN.
UTILITIES: Electricity, Public Water & High Speed Internet are available on Hwy 100, providing service to the building. There is an improved Septic Permit for the structure.
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.
Server & Software Technical Issues: In the event technical issues are experienced that are related to the server, software or any other online auction related technologies, Hudgins Auctions, David Hudgins (Auctioneer) and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. By registering and bidding in this auction each bidder automatically and expressly acknowledges that Hudgins Auctions, David Hudgins (Auctioneer) and the company providing the software shall NOT be responsible or liable for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Hudgins Auctions, David Hudgins (Auctioneer).
