AUCTION 
 


2 Properties - 13 River Suites
Plus
Commercial Space



Over 248’ Frontage of Pristine Waters on the Little River!
Flowing out of the Great Smoky Mountains

Blount County, TN
Townsend, TN

Friday, June 11th
at noon



Absentee Bidding Online
Click on the Button Below






COMMENTS: A diamond in the rough emerges a phoenix from the ashes. No doubt one of the biggest real estate plays in Townsend history. Historic name recognition, an outstanding business opportunity. The Strawberry Patch waits for its new owner.
                                          - David Alley, Jr., Developer / Auctioneer

Strawberry Patch Inn - The Inn comprises of 4 spacious one bedroom units over 550 sf with full kitchens, gas fireplaces and large balconies only 30' from flowing Little River. There are 2 additional studios with separate entrances plus central living quarters for property manager.

River Suites - The building consists of 4 one bedroom units and 2 two bedroom units. 5 of the units have full kitchens. This building is improved with over 1100 sf of retail store front divided into 2 spaces.

FEATURES:  
• 11,000 cars per day - 15 million visitors to The Great Smoky Mountains
• Over 248' frontage on Little River
• 1.17 acres, one of Townsend's best locations for commercial and retail
• A Proven long term history of income
• Historic overlay potential 120 year old hand hewn logs
• Over 11,400 sf, 2 buildings in the heart of Townsend
• Emerging market retail and commercial sales
• 30 minutes to Pigeon Forge, 5 minutes to The Great Smoky Mountains National Park, 15 minutes to Cades Cove
• Picnic area
• One of Little River's most scenic areas for peace and quite
• 11 suites, 2 commercial retail spaces



Life at the Strawberry Patch Inn is extremely relaxing. The breathtaking beauty of the Great Smoky Mountains - air, water, flora & fauna, sets a tone of serenity. Whether you're curled up with a good old novel in your favorite rocker on the balcony, lounging in the yard soaking up sun or quietly meditating in the shade to the murmur of the flowing waters - time slips quietly by.

For the more energetic, there's trout fishing, swimming or tubing in the invigorating waters of the Little River. There's walking, jogging or bicycling on the three mile bike trail that starts outside the door.

When you're ready to explore, you're in the perfect position to do so. Five minutes will put you in the Great Smoky Mountains National Park. Another fifteen minutes from there and you're in Cades Cove, a living museum of mountain culture. Thirty minutes will put you in Pigeon Forge with Dollywood and outlet malls galore. Gatlinburg is five minutes away, with its winding streets, quaint shops and fine restaurants.

OPEN HOUSE:   Please join us for a personal preview of the property on June 6th from 1-4 pm and 1 hour prior to auction.

 

  Strawberry Patch Plat  

You will need Adobe's free Acrobat Reader to view and print this plat.

TERMS:   10% Down day of sale. Closing in 20 days. Property to be sold with a 10% Buyer’s Premium.

AUCTION CATALOG:   The Auction Catalog contains information and documents specific to this auction. Due to the size of the files in the catalog, it may take extra time to download the information.

(This is a large file and may take some time to download)
The Strawberry Patch Inn Auction Catalog
Table of Contents

Auction Brochure Survey Townsend Overview
Auction Procedure & Terms Zoning Questions Perspective Buyers May Have
Articles of Interest 1993-2005 Income Log Absentee Bid Form
Appraisals Photographs Real Estate Auction Sales Agreement
Aerials Demographics Terms of Sale for Purchasing at Auction
Property Location & Description Real Estate Taxes  

DIRECTIONS:   From Maryville take Hwy 321 towards Townsend to property on left.


Click here for directions to this auction.

In Conjunction With
Oliver Smith Realty & Auction Co.
(865) 584-2000

[Home]  [Developments]  [New Auctions]  [Past Auctions]  [Real Estate Listings]  [About Us]  [Contact Us]

Alley Auction, Inc.
4610 Middlebrook Pike
Knoxville, TN  37921
(865) 584-5791
TAL# 1003

© 2005 - Alley Auction, Inc., Knoxville, TN
All Rights Reserved