#1 • Tract 1

Part of 115 Peers St. (live auction by Maples Realty & Auction Co)

High bid $179,500.00

Status: Sold

A unique opportunity in the heart of McMinnville, TN! This property offers a brick building with a spacious, versatile layout, R-2 zoning, frontage on two roads, and an additional .35-acre lot that will be offered separately. The property has access to gas, electricity, water, and sewer.   Tract 1 – .80± Acres This tract features a brick building with a large open room on the main level, previously used as a sanctuary, with 20 church pews. The lower level includes several multi-use rooms, a kitchen, and 2 bathrooms. Moss Chapel Dr. runs between the building and Tract 2 (see survey in documents), giving Tract 1 approximately 203 feet of road frontage on Peers St. and 160 feet on Moss Chapel Dr.   In addition to a single-family residence or church, other uses may be permitted, subject to applicable City of McMinnville requirements and approvals, including multi-family residential, bed and breakfast, schools, daycare for children up to 7 years old, tea rooms, and elder housing.   With its central McMinnville location, R-2 zoning, road frontage on two streets, and flexible layout, this property offers plenty of possibilities for churches, investors, developers, or residential buyers.     ATTENTION REALTORS – 1% Broker Participation if registered 24 hrs. before auction Terms: 10% down day of sale, balance due on or before 30 days Taxes:  Prorated               Possession:  Date of Deed 10% Buyer’s Premium Auction Agent: Betsy Maples, 615-482-4788    Auction License: 6485 Directions: Take Hwy. 70 South, right on N. Chancery St., right on Seitz St., right on Peers St. All announcements made day of sale take precedence over previous advertising.