Selling the Commercial Buildings of the late Edwin Townsend Jr.

58 Tennessee Ave S & 50 Tennessee Ave S, Parsons Tn.

The main building has been used as an Attorney’s office and was previously a bank. This building has 3434 square feet upstairs and 1000 square feet down stairs. The main floor and basement have vaults. This building has many opportunities to become different types of offices. It would be a great doctors’ offices, attorneys’ offices, Etc. There is a total for 4 bathrooms, The men's and Women's bathroom is located on the main floor and the basement has two single bathrooms. This building is located at 58 Tennessee Ave S, Parsons Tn 38363.

50 Tennessee Ave S, Parsons TN is a separate building that currently has an active business. This building is 1342 square foot. The current renter would consider continuing the lease with the new owner.

Inspection day will be March the 4th starting at 12:00 pm to 5:00 pm.

The building at 50 Tennessee Ave S, Parsons TN is an active business and can be viewed from 4:00 to 5:00 pm ONLY on this date.

Auction Terms & Conditions Terms & Conditions:

Inspection day March 4th, 2022 at 58 Tennessee Ave S, Parsons TN 

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. Auction Terms & Conditions

PROCEDURE: The property will be sold as a whole.

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.

Reserve Auction - Seller reserves the right to accept or reject the high bid.

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 (Executors 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.

EASEMENTS: Sale of said property is subject to any and all easements of record.

SURVEY: No new survey - Selling per existing deed.

AGENCY: United Country Richardson Real Estate & Auction and its representatives are Exclusive Agents of the Seller.

ZONING: Currently, the property is COMMERCIAL

UTILITIES: City Water, Public Sewer, Gas & Electricity

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.