1270 State Hwy. 22, Union City, TN 38261 - Obion County

ABSOLUTE REAL ESTATE AUCTION

Tuesday May 5th, 2009 At 10:00 AM

Location: 1270 E. State Hwy. 22 Union City, TN 38261 From Hwy. 51: Take Hwy. 51 North 5.4 Miles To Hwy. 22. Continue On Hwy. 22 For 3.4 Miles To Auction Site. Signs Posted!

A SELDOM OPPORTUNITY TO PURCHASE PRIME COMMERCIAL PROPERTY!

ATTENTION INVESTORS & ENTREPRENEURS!

UNLIMITED OPPORTUNITIES: CONVENIENCE STORE – APARTMENT – STORAGE RENTAL

REAL ESTATE: Building #1 - +/-5,000 Sq. Ft. Commercial Building Featuring A Convenience Store w/ 2 Bathrooms. The Following Items Will Be Included With The Sale Of The Real Estate: Meat Slicer, Coolers, 9’x16’ Walk-In Freezer, 4 Chest Freezers, 1 Upright Freezer, Commercial Stove & Hood, Fire Suppression System, 6 Booths, Hoshizaki Ice Maker & Security System. This Building Also Has 3 Additional Rental Units. Building # 2 – 30’x56’ Heated Metal Storage Building w/ Concrete Floors & A Large Sliding Door. Building #3 – Metal 28’x44’ Rental Unit w/ Attached 30’x30’ Building Featuring Concrete Floors & Large Sliding Door. Building #4 – Vinyl Sided 12’x20’ Building w/ Metal Roof. There Are Separate Meters On All Rental Units. Natural Gas & City Water On Property. All Situated On 1.40 Acres w/Blacktop Parking Lot.

POTENTIAL YEARLY INCOME OF $36,000.00

AUCTION HELD ON SITE!

REAL ESTATE WILL SELL AT 10:00 AM REGARDLESS OF PRICE

AUCTION NOTE: Gas Pumps & Fuel Tanks Are Not Part Of The Real Estate. Buyer Is Purchasing The Real Estate Only And Will Not Be Purchasing The Existing Businesses. Building Currently Being Leased As Old Lake Rd. Market & Deli And Pizza U.S.A.

Co-Broker: Bob Carpenter, Broker Carpenter Real Estate Co. Inc.

1011 Perkins, Union City, TN 38281

REAL ESTATE TERMS: 15% Down Day Of Sale Balance In 30 Days. *A 10% Buyers Premium Will Be Added To Final Bid Price And Included In The Contract Price.