auctioninfo@targetauction.com
(800) 476-3939
Prime Commercial Building in Rainbow City (Gadsden), Alabama
Apr 15 @ 11:00AM CDT (Start)
Apr 30 @ 11:00AM CDT (End)
3 Leasable Units on Sutton Bridge Road in Rainbow City (Gadsden), Alabama.
( more details )

Prime Commercial Building with 3 Leasable Units

on Sutton Bridge Road in Rainbow City (Gadsden), AL

just off Rainbow Drive / US 411 

Online bidding begins April 15th and concludes Thursday, April 30th at 11:00 am CT 

 

 497 Sutton Bridge Road, Rainbow City, AL 35906

Great Opportunity to Own this Property with 3 Leasable Units

  • 12,850± SF with Single or Multi-Tenant Layout
  • 10,000± SF of Upper Level Storage Space
  • 9 Private Offices, 2 Kitchens, 4 Bathrooms
  • Move-in Ready
  • Situated on 0.75± Acres
  • Excellent Rental History (presently vacant as of March 1st, 2020)
  • Wired for Security System
  • Flex Space
  • Zoned Commercial
  • Approx. 2,000' off Rainbow Drive/HWY 411 which has a traffic count of over 28k vehicles daily
  • Ample Parking
  • Roof - 5± Years
  • HVAC - 7 Units (5 years or newer)
  • Each Unit Separately Metered for Power and Gas
  • Firewalls between the Units (except at door openings)
  • Great Visibility with 155'± frontage on Sutton Bridge Road

Unit A 5,600± SF

  • Full Kitchen
  • 2 Bathrooms
  • 4 Private Offices
  • 4 HVAC Units
  • Rear Entrance

Unit B 3,200± SF

  • 1 Bathroom
  • 2 Private Offices
  • Conference Room/Executive Office
  • 2 HVAC Units
  • Rear Entrance
  • Indoor Loading Area to Attic Storage Space by Stairway & Bay Door

Unit C 4,050± SF

  • Full Kitchen with Break Area
  • 1 Bathroom
  • 2 Small Private Offices
  • 21 Cubicles
  • 1 HVAC Unit
  • Side Entrance
  • Indoor Loading Area to Attic Storage Space by Stairway & Bay Door  

Auction Information

AuctionOnline bidding begins Wednesday, April 15th and concludes Thursday, April 30th at 11:00 am (CT).

Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

Terms of SaleThis is a cash sale with 10% down due by Friday, May 1st at 4:00 pm (CT) and the remaining balance due at closing within 30 days. 

Broker Compensation: 2% Buyer Broker Participation. Please see the Broker Compensation Form under this property’s Documents tab.

Property Previews: Please call to schedule your private viewing on one of the following dates: Wednesdays, April 15th, 22nd and 29th from 11:00 am until 3:00 pm CT. To prevent overlapping tours, an appointment is required. Please call to schedule for everyone's well-being.

For information, please call our office at 800-476-3939.

Brokers Welcome. 10% Buyer’s Premium. Dewey Jacobs, ALAU# 5060.

DISCLAIMER: Target Auction and Land Co., Inc. assumes no liability for errors or omissions in this listing. Although information has been obtained from sources deemed reliable, the auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that the buyer’s and buyer’s agents should avail themselves of the opportunity to make a thorough inspection and verify all specifications prior to sale. All properties offered for sale in “AS IS” condition. This includes both personal property (if applicable) and real property. All sales are final. This listing may be modified or withdrawn at the seller’s discretion without notice at any time prior to or during the sale; property may be sold prior to auction.  All properties are being sold subject to confirmation unless otherwise indicated. Seller may reserve the right to deny admittance or to remove anyone at this auction that may disrupt this sale in any way. All statements made at the auction shall take precedence over all printed materials. The auctioneer shall not be responsible or liable in any way if the seller fails to honor any bid or refuses to close or cannot close title in accordance with the winning bid(s) or any sales contract; or if the property is contaminated with any type of hazardous waste or requires any repairs. It is the purchaser’s responsibility to inspect all properties prior to bidding to verify all specifications. Agency Disclosure: Target Auction & Land Co., Inc. and its agents represent the seller only. Target Auction & Land Co., Inc. is the selling agent only.

 

Coming Soon
Villa Collina - Waterfront Estate on 8.2± Ac in Knoxville, Tennessee
Coming Soon...Villa Collina, a magnificent waterfront estate on the Tennessee River with stunning views of the Great Smoky Mountains
( more details )

Target Auction Company is proud to present by Special Auction,

Villa Collina

Auction date is to be determined...

Decidedly different. Definitely decadent.

 

Set on the Tennessee River with stunning views of the Great Smoky Mountains, Villa Collina is a 40,250± square-foot waterfront mansion constructed between 1993 and 2000. It is the largest home in Tennessee and the 84th largest home in the country.

 

The home is built in the Italianate tradition and includes intricately elaborate details, such as gold faucets, hand-painted lavatory bowls and Turkish Afyon sugar marble. The home’s hidden passageways and secret doors make Villa Collina a place of surprise and intrigue.


The mansion has a total of 86 rooms, including eight bedrooms, 11 full baths and five half baths, commercial grade kitchen, three-story library, 2,600-square-foot wine cellar, 11 fireplaces, indoor and outdoor pools, fitness center, spa, sauna, dance floor, elevator, home theater, six-car garage, secluded guest suite and staff quarters.

 

Villa Collina 5628 Lyons View Pike, Knoxville, Tennessee 37919

  • Waterfront Mansion overlooking Tennessee River
  • Panoramic views of Great Smoky Mountains
  • Situated on 8.2± Acres
  • Minutes to downtown Knoxville, the airport and the University of Tennessee
  • Built in the Italianate tradition including elaborate details
  • 2,600 square foot wine cellar with tasting rooms
  • Three-level library with handcrafted spiral staircase can hold up to 10,000 books
  • Six-car heated and cooled garage
  • Energy-efficient smart home
  • Features a fitness center, theatre room & dance floor
  • Indoor and outdoor swimming pools with spa and sauna
  • Detached secluded guest suite and staff quarters
  • Elevator to all floors

In association with Richard Smith of Berkshire Hathaway/Dean-Smith Realty

 

Private Property Tours by Appointment Only: Call 800-476-3939.

 

Documents: Property documents and the Terms and Conditions of Sale can be viewed above in the Documents tab. Please review all documents.

 


Auction Information

Online & Live Auction: Online and live bidding available.

Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

Registration Requirements: A registration amount of $50,000 must be submitted to Target Auction Company PRIOR to being approved to bid. Should you not be the Purchaser, this will be promptly refunded.

Terms of Sale: This is a cash sale with 10% down due when signing and the remaining balance due at closing within 30 days. 

Broker Compensation: Brokers are welcome. Please see the Broker Compensation Form under this property’s Documents tab.

Private Property Tours: An auction representative will be available for scheduled private property tours by appointment only.

 

For more information, please call our office at 800-476-3939.

 

Broker Participation Welcome. 10% Buyer’s Premium.

DISCLAIMER: Target Auction and Land Company, Inc. assumes no liability for errors or omissions in this listing. Although information has been obtained from sources deemed reliable, the auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that the buyer’s and buyer’s agents should avail themselves of the opportunity to make a thorough inspection and verify all specifications prior to sale. All properties offered for sale in “AS IS” condition. This includes both personal property (if applicable) and real property. All sales are final. This listing may be modified or withdrawn at the seller’s discretion without notice at any time prior to or during the sale; property may be sold prior to Auction.  All properties are being sold subject to confirmation unless otherwise indicated. Seller may reserve the right to deny admittance or to remove anyone at this auction that may disrupt this sale in any way. All statements made at the auction shall take precedence over all printed materials. The auctioneer shall not be responsible or liable in any way if the seller fails to honor any bid or refuses to close or cannot close title in accordance with the winning bid(s) or any sales contract; or if the property is contaminated  with any type of hazardous waste or requires any repairs. It is the purchaser’s responsibility to inspect all properties prior to bidding to verify all his/her specifications. Agency Disclosure: Target Auction & Land Company, Inc. and its agents represent the seller only. Target Auction & Land Company, Inc. is the selling agent only.

Dewey Jacobs, ALAU #5060. William T. McLemore, TN Firm #5241, RE #272767

 

Coming Soon
Mountain View Gardens Event Venue in Springville, AL
Coming Soon... Mountain View Gardens Event Venue in Springville, AL - Luxury Home, Guest Home and Barn on 7± Acres
( more details )

COMING SOON!

Mountain View Gardens Event Venue in Springville, AL - Luxury Home, Guest Home and Barn on 7± Acres

More details and auction date will be added soon.

D. Jacobs ALAU #5060

Coming Soon
175± Acres in Trussville, Alabama - Prime Development Opportunity
Coming Soon...175± Acres in Trussville, AL located directly across I-59 from the Pinnacle shopping center. 
( more details )

 

  • Exposure from I-59 and Edwards Lake Road
  • All utilities available
  • Great access
  • Located near Pinnacle at Tutwiler Farms and St. Vincent's East Hospital
  • Commercial frontage along Edwards Lake Road
  • Potential uses include multifamily, residential or retail

More Details Coming Soon!

 

The Twelve Oaks Antebellum Mansion in Covington, Georgia
Target Auction Co. proudly announces the sale of the historic Georgia mansion, The Twelve Oaks. This 19th Century beauty inspired an iconic movie setting of “Gone With the Wind”. All...
( more details )

The Twelve Oaks, inspiration for Ashley’s antebellum mansion in Gone With the Wind...

SOLD

2176 Monticello Street SW, Covington, GA 30014

 

Frankly my dear, this was a once in a lifetime opportunity to own one of the finest and most famous historic mansions in the US. Named one of the Top 10 Antebellum Sites in GA, Twelve Oaks is on the National Register. This award-winning B&B is one of Southern Living's Best of the South and in TripAdvisors Hall of Fame.

 

Built in 1836 and completely renovated in 2017, this distinctly Southern property was chosen by author Margaret Mitchell as the model for Ashley Wilkes’s Twelve Oaks plantation in the 1939 movie version of Gone With the Wind. Initially a private home, the property has more recently served as a bed and breakfast, an event venue, a tourist destination, and a backdrop for at least 15 movies.

“We have always felt we were stewards of this piece of history and hope that it will be loved and maintained for future generations to enjoy,” said seller, Nicole Munn. “We hope it will be open as either a bed and breakfast or for historic tours. We have so many clients that have told us they are eagerly awaiting any news of a reopening.”

And it appears Munn and her clients’ wish will be granted. The new owner, BLP Investment Holdings, LLC, plans to reopen The Twelve Oaks as a luxury bed and breakfast.

“We hope to continue to bring business and awareness to the great city of Covington while upholding the highest standards of community service,” said the owner of the veteran-owned Georgia company.

According to Dewey Jacobs, President of Target Auction Company, the sale of The Twelve Oaks was an adventure from beginning to end.

“Not long after we announced the date, we started receiving inquiries from around the world, and prospective buyers came from near and far to view the property,” he said. “We gave around 35 tours to prospective buyers, and on auction day, we had bidders from Coast to Coast.”

The amount of the winning bid is currently undisclosed.

“All of us at Target Auction Company offer our congratulations to the seller, as well as the buyer, of this one-of-a-kind property,” said Jacobs. “This sale was the kind of experience that makes being in the auction business exciting, and we’re grateful to have been a part of it.”

 

Target Auction Company specializes in auctioning luxury homes, commercial properties, land and other high-value real estate throughout the U.S.

 

 

 

Luxury Home Properties
Target Auction Company specializes in the marketing and sale of Luxury Home Properties and our results are second to none! **TESTIMONIALS** "Target Auction is an incredible company...
( more details )

Target Auction Company specializes in Luxury Home Sales and offers you the ability to get your home sold in less than 60 days. Please view our Seller Tab for more details or call us at 800-476-3939.

 

Farm & Recreational Properties
For over 36 years, our team has successfully marketed and sold Farms and Recreational Properties throughout the United States.  **TESTIMONIALS** "Hiring your firm to handle the...
( more details )

Since 1983, Target Auction Company has successfully marketed and sold Farms & Recreational Properties throughout the United States and offers you the ability to have your property sold in less than 60 days. Please view our Seller Tab or call us at 800-476-3939 for more details.

Commercial Properties
Since 1983, Target Auction Company has sold numerous Commercial Properties and we continue to be very successful because of our multi-faceted marketing plan that's individually...
( more details )

For over 36 years, Target Auction Company has used our extensive knowledge of marketing Commercial Properties to close numerous transactions. Let us show you how to get your property sold is as few as 60 days. Please view our Seller Tab for more detail or call us at 800-476-3939.

Sign Up for an account to get
notifications for new auctions.