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Est. payment /mo
2,480 SqFt
Open 9/8 12PM-1PM
325 Fairchild St Harriman, TN 37748
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Open House
Tue Sep 08, 12:00pm - 1:00pm
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,480 sqft
MLS Listing ID 1352460
Construction Status Good
Lot Size 2.190 Acres
Acres 2.19
Lot Dimensions 205.7 x 521 IRR
Source East Tennessee REALTORS® MLS
Property Description
ONLINE ONLY REAL ESTATE AUCTION | Approximately 2080SF Building with Large Equipment Shed and 20′ x 20′ Warehouse on 2.19+/- Acres less than 0.5 mile from I-40 | BIDDING BEGINS TO CLOSE: Thursday, September 10th at 12:00PM - Noon (ET) | OPEN HOUSE: Tuesday, September 8th at 12:00PM - Noon (ET)
This exceptional commercial property offering presents a rare combination of substantial infrastructure, versatile buildings, and immediate income-producing potential in a highly accessible location approximately 0.5 miles from I-40 Exit 347 and just off South Roane Street in Harriman, Tennessee. Currently leased to AT&T and in continuous commercial use since its construction in 1967, this property offers a compelling opportunity for investors and owner-operators alike.
The property is currently leased to AT&T, with the remainder of the lease transferring to the new owner. This lease provides the following financial benefits:
- Monthly rent of $2,546.90 through 12/31/2026
- AT&T will pay a cancellation fee of $7,793.52 to the owner prior to the end of the lease
- If the new owner pays the 2026 property taxes and submits the paid receipt to AT&T prior to lease termination, that amount will be reimbursed to the owner
- If the owner pays property insurance and submits the paid receipt to AT&T prior to lease termination, a pro-rated amount through the end of the lease will be reimbursed to the owner
The Main Building is an approximately 2,080 SF block construction building that is well-appointed for a variety of office and commercial uses, featuring: a large front office and lobby area, oversized office, two additional well-sized offices, bathroom with single stall and sink, and bathroom with two stalls, two urinals, two sinks, and a mop/utility sink. HVAC approximately 5 years old. Appears to have a newer roof.
Additional Structures include an approximately 40′ x 100′ equipment shed -- ideal for equipment, vehicle, or material storage and an approximately 20′ x 20′ storage warehouse with loading dock with leveler and attached storage sheds providing additional covered storage capacity.
Situated on 2.19+/- acres, the property features a large fenced lot plus additional lot space -- providing ample room for equipment, vehicles, outdoor storage, or future expansion. Please note that the property is currently zoned R-1 (residential); however, it has been used continuously as a commercial property for AT&T since it was built in 1967. Interested parties are encouraged to consult directly with the City of Harriman regarding any zoning-related questions and future use considerations.
Approximately 0.5 miles to I-40 Exit 347. Just off South Roane Street. Convenient access to the greater Harriman and Roane County area.
Properties combining immediate lease income, substantial infrastructure, a large fenced lot with additional lot space, and exceptional interstate access are extraordinarily rare. Whether you're an investor seeking a turnkey income-producing asset, an owner-operator looking to acquire a well-built property with room to grow, or a developer with a long-term vision for the site, this unique Harriman property delivers the location, infrastructure, and financial upside to make it a truly compelling acquisition.
PLEASE NOTE: At the request of the Seller, the property must close by September 30th, 2026. No extensions. Kenny Phillips, Auctioneer | TN Lic #2385
This exceptional commercial property offering presents a rare combination of substantial infrastructure, versatile buildings, and immediate income-producing potential in a highly accessible location approximately 0.5 miles from I-40 Exit 347 and just off South Roane Street in Harriman, Tennessee. Currently leased to AT&T and in continuous commercial use since its construction in 1967, this property offers a compelling opportunity for investors and owner-operators alike.
The property is currently leased to AT&T, with the remainder of the lease transferring to the new owner. This lease provides the following financial benefits:
- Monthly rent of $2,546.90 through 12/31/2026
- AT&T will pay a cancellation fee of $7,793.52 to the owner prior to the end of the lease
- If the new owner pays the 2026 property taxes and submits the paid receipt to AT&T prior to lease termination, that amount will be reimbursed to the owner
- If the owner pays property insurance and submits the paid receipt to AT&T prior to lease termination, a pro-rated amount through the end of the lease will be reimbursed to the owner
The Main Building is an approximately 2,080 SF block construction building that is well-appointed for a variety of office and commercial uses, featuring: a large front office and lobby area, oversized office, two additional well-sized offices, bathroom with single stall and sink, and bathroom with two stalls, two urinals, two sinks, and a mop/utility sink. HVAC approximately 5 years old. Appears to have a newer roof.
Additional Structures include an approximately 40′ x 100′ equipment shed -- ideal for equipment, vehicle, or material storage and an approximately 20′ x 20′ storage warehouse with loading dock with leveler and attached storage sheds providing additional covered storage capacity.
Situated on 2.19+/- acres, the property features a large fenced lot plus additional lot space -- providing ample room for equipment, vehicles, outdoor storage, or future expansion. Please note that the property is currently zoned R-1 (residential); however, it has been used continuously as a commercial property for AT&T since it was built in 1967. Interested parties are encouraged to consult directly with the City of Harriman regarding any zoning-related questions and future use considerations.
Approximately 0.5 miles to I-40 Exit 347. Just off South Roane Street. Convenient access to the greater Harriman and Roane County area.
Properties combining immediate lease income, substantial infrastructure, a large fenced lot with additional lot space, and exceptional interstate access are extraordinarily rare. Whether you're an investor seeking a turnkey income-producing asset, an owner-operator looking to acquire a well-built property with room to grow, or a developer with a long-term vision for the site, this unique Harriman property delivers the location, infrastructure, and financial upside to make it a truly compelling acquisition.
PLEASE NOTE: At the request of the Seller, the property must close by September 30th, 2026. No extensions. Kenny Phillips, Auctioneer | TN Lic #2385
Location
State TN
County Roane County - 31
Area 2.19
Zoning R-1
Interior
Heating Heat Pump, Electric
Cooling Central Cooling
Inclusions Land, Building
Heat Source Heat Pump, Electric
Exterior
Utilities Available Telephone, Electricity Connected, Sewer Connected
Garage No
Building
Faces From I-40, take exit 347. Head north on S Roane Street toward Harriman. Turn right on Fairchild Street to the building on the right.
Water Public Water
Construction Status Good
Others
Restrictions Yes
Tax ID 036H C 006.00
Energy Description Electric
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Auction
Listed by Powell Auction & Realty,LLC
NEARBY
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EXIT Tennessee Realty Pros
License ID: 261589 Tennessee
License ID: 261589 Tennessee