325 Fairchild St, Harriman, TN 37748
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325 Fairchild Street – Harriman, TN 37748 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 9th 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. Lease & Income Details: 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 — Approximately 2,080 SF: The block construction main building is well-appointed for a variety of office and commercial uses, featuring: Large front office and lobby area Oversized office Two additional well-sized offices Bathroom with single stall and sink 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: Approximately 40' x 100' equipment shed — ideal for equipment, vehicle, or material storage Approximately 20' x 20' storage warehouse with loading dock with leveler and attached storage sheds providing additional covered storage capacity The Property: 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. Location: Approximately 0.5 miles to I-40 Exit 347 Just off South Roane Street Convenient access to the greater Harriman and Roane County area The Opportunity: 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. SALE CONDUCTED IN CONJUNCTION WITH Ronnie Colyer Auction & Realty | 423-506-0990 Sam Tate | NAI Koella RM Moore | 865-531-6400 Roane County Parcel / Tax ID: 036H C 006.00 Yearly Property Taxes: $1,472.09 – total yearly taxes | $479.88 – City of Harriman and $992.21 – Roane County Lot Size: 205.7 x 521 IRR | 2.19 +/- acres YOU WILL NEED TO EMAIL PROOF OF FUNDS INFORMATION WHEN YOU REGISTER. THIS CAN BE A BANK LETTER, SCREENSHOT OF ONLINE BANKING/INVESTMENT ACCOUNT/RETIREMENT ACCOUNT, LOAN PRE-APPROVAL LETTER, ETC. PLEASE EMAIL THIS TO phillip@powellauction.com. YOUR REGISTRATION/BID WILL REMAIN PENDING UNTIL WE RECEIVE YOUR PROOF OF FUNDS INFORMATION. PLEASE CALL KENNY OR PHILLIP AT 865-938-3403 WITH ANY QUESTIONS.
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