5611 Merchants Center Blvd, Knoxville, TN 37912

$445,500

Property Type: Commercial Square Footage: 4,312 Lot Size (sq. ft.): 38,768 Status: Closed

Current Price: $445,500 List Date: 1/08/2024 Last Modified: 3/01/2024

Overview

Description

ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Tuesday, January 30th at 12:00PM-Noon (ET) | OPEN HOUSE: Thursday, January 25th from 5-6PM (ET) | Single level 4,300+/- SF commercial building sitting on a large 0.89+/- acre lot with room to expand or possibly add another building. Located with quick access to I-75, I-640 and Clinton Highway. Property is zoned C-H-2 with endless use possibilities. Large paved parking area, covered front porch,large lobby/reception area, conference room, front showroom or office connected to office with office, additional office, large open room currently used as a lab, rear lobby area, (2) restrooms, storage room with kitchen area, currently leased at a base rental rate of $4,500 with lease expiration of 08/2024. Buyer to verify all information prior to bidding.

Listing Details MLS# 1249627

Location Tax Legal Info

House #: 5611
Street Name: Merchants Center
St Suffix: Blvd
State/Province: TN
Zip Code: 37912
PIN #: 068KC00215

Contract Info

Auction Y/N: Yes

General Property Description

SqFt - Total (Aprox): 4312
Lot Dimensions: 0.89+/- acre
Acres: 0.89
# of Buildings: Yes
Stories: Yes
Zoning: C-H-2
# Parking Spaces: 20
Condition: Good
Restrictions: Yes
Property Status: N/A

Status Change Info

Status Change Date: 2024-03-01
Under Contract Date: 2024-01-31
Sold Date: 2024-02-29

Auction

Bidder Must Qualify: Yes
Buyers Premium: Yes
Buyers Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2024-01-30
Auction Location: Online Bidding Only
Auction Time: 12:00PM - Noon (ET)
Open for Inspection Date: 2024-01-25

More Information

Property Features

Commercial Type: Commercial; Office Building; Retail; Warehouse; Other Road Access: Public Road Utilities on Site: Electric; Public Water; Sewer; Telephone Additional Info: Leases Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Location: Central Busns Area; Inside City Construction: Concrete Block Siding: Other Easements: Typical Subdivision Expenses Included: Other New Financing: Cash; Conventional Showing: See Agent Instructns

IDX

Listing Office: Powell Auction & Realty,LLC

Last Updated: March - 01 - 2024

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

5611 Merchants Center Blvd, Knoxville, TN 37912 (MLS# 1249627)