05/01/2021 - 1685 Lynn Garden Drive, Kingsport, TN 37665

ABSOLUTE AUCTION 1685 LYNN GARDEN DRIVE, KINGSPORT, TN 37665 – THE JAMES FRED LANE TRUST, Commercial Building (BUTLER) Building & 1.24 Acre Lot, Zoned B-3/R1B, Selling to the Highest Bidder, Regardless of Price, No Minimum, No Reserve!!! SATURDAY, MAY 1ST, 2021 @ 10:00 A.M. (At The Property) REAL ESTATE DESCRIPTION: 1685 Lynn Garden Drive, Kingsport, TN 37665 , Two Story, Commercial (Butler) Building with 1,979 sq. ft. +- on each floor, ideal office and warehouse space, constructed by Mr. Fred Lane in 1995 and situated on a 1.24 acre lot with City sewer and water plus all City amenities. This property is zoned B-3/R1B for a wide range of uses from retails to service use and professional office use as well. The property is improved with concrete drive-way and ample parking in front and in the back as well. The building is in great shape and ready for new owners. Be here sale day to bid and buy at your price, selling absolutely to the highest bidder, regardless of price, no minimum, no reserve!! DIRECTIONS: In Kingsport, from 11-W Stone Drive, take Lynn Garden Drive heading North to the top of Kyle Hill, pass Higher Ground Baptist Church on the right and then look for our Auction Sign. TERMS OF SALE: 10% of final sales price sale day and the balance is to be paid in full on or about 30 days from the date of sale. THERE WILL BE A 10% BUYER’S PREMIUM CHARGED AND ADDED TO THE TOP FINAL BID TO DETERMINE FINAL SALES PRICE. REAL ESTATE INSPECTION: Call Auctioneer, Joe Johnson @ 423/677-2316 for a private viewing of the property and the doors will be open sale day from 9:00 A.M until sale time. BROKERS PARTICIPATION FEE: We will offer a 25% Broker Participation Fee on the buying side of the transaction to any Firm/Agent who registers their buyer on our referral form 24 hours prior to the sale and that bidder is the top bidder sale day and the transaction closes.

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