Royal Inn Auction & Other Properties Auctioned This Month
ROBERTSON COUNTY TENNESSEE: (Smokey Barn News) – After more than 50 years, the Royal Inn in Springfield, which is perched on some of the most valuable commercial land in Robertson County, was recently demolished. See HIGH-SPEED demolition video here.
The opening bid at the auction was $250,000, the final bid was $310,000. The winning bidder was Ronnie Hollingsworth of Hollingsworth Oil.
The deal will become final if the Patel family that owns the property accepts the bid. If not, the property will be back on the market.
A good crowd showed for the auction that was held Thursday afternoon at 2 pm.
Smokey Barn News covered the auction live, a recording of the broadcast has been added above.
UPDATES: As soon as the disposition of the deal becomes final (one way or another) we will update the story here.
Here’s an overview of the property.
1508 Memorial Blvd – Springfield TN
1 ACRE COMMERCIAL LOT
HIGH TRAFFIC COUNT – 2017 AADT 27,848
216‘ on Memorial Blvd – 200’ on 16th Ave
Listing Agent/Auctioneer: Ed Cope
COPE & Associates Realty and Auction LLC
615-384-7500 | 615-533-9234
www.copeandassociates.com
2213 Memorial Blvd, Springfield, Tennessee 37172 | TNFL 6189
COPE Real Estate was chosen to represent the Royal Inn land at auction due to their unique understanding of both commercial and residential real estate in the Robertson County area. Keep reading to see other properties that will hit the gavel this month.
Auction | Commercial Land |Springfield TN | Thursday Dec 13, 2018 2PM
1508 Memorial Blvd – Springfield TN
LOCATION! LOCATION!! LOCATION!!!
1 ACRE COMMERCIAL LOT
HIGH TRAFFIC COUNT – 2017 AADT 27,848
216‘ on Memorial Blvd – 200’ on 16th Ave
Terms: 15% non-refundable deposit day of sale, balance due all cash at closing on or before 30 days. Successful bidder to provide bank letter (proof of funds) with deposit. TNFL 6189
10% Buyers Premium will be charged to final bid.
All announcements made day of sale take precedence.
Rain or Shine
Visit our website for more information & pictures
Listing Agent/Auctioneer: Ed Cope
COPE & Associates Realty and Auction LLC
615-384-7500 | 615-533-9234
www.copeandassociates.com
2213 Memorial Blvd, Springfield, Tennessee 37172 | TNFL 6189
MLS# 1982684
For Sale
514 North Pawnee Dr.
Springfield TN 37172
This beautiful custom built home has an open floor plan with all hardwood floors and lots of extras. From the back deck you can enjoy the wildlife moving around in the crop fields behind you. This is a one of a kind home in a great neighborhood and only 5 minutes from the town square.
MLS#1991835
230 Acres
2288 Gunn Rd
Springfield Tn 37172
This is a beautiful rolling farm that is currently in pasture. The farm is fenced and cross fenced with water available in each field. The sellers are willing to lease the land back and continue operating the farm making this an income producing property for the buyers.
MLS# 1993005
113 Blackpatch Dr Springfield, TN 37172
3 Beds, 1 Full Bath, 1 Half Bath
Great home that is move in ready. Located only minutes from downtown Springfield and with in walking distance to shopping centers. This well maintained home has an open floor plan with lots of hardwood floors and a great neighborhood. This is a home that will catch the attention of all the buyers.
Listing Agent/Auctioneer: Ed Cope
COPE & Associates Realty and Auction LLC
615-384-7500 | 615-533-9234
2213 Memorial Blvd, Springfield, Tennessee 37172 | TNFL 6189
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#auctioneer #realtor
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