325 Fairchild St, Harriman, TN 37748 (MLS# 1352460)

Location

Detached Building

Yes

Inside City

Yes

Remarks & Misc

Directions

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.

Public Remarks

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

Fencing

Chain

Yes

Commercial Type

Office Building

Yes

Warehouse

Yes

Other

Yes

Construction

Concrete Block

Yes

Sale/Lease Includes

Building

Yes

Land

Yes

Road Access

Public Road

Yes

Cooling

Central Cooling

Yes

Utilities on Site

Electric

Yes

Public Water

Yes

Sewer

Yes

Telephone

Yes

Fuel

Electric

Yes

Additional Info

Other

Yes

Easements

None

Yes

Heat

Heat Pump

Yes

Expenses Included

Other

Yes

Building/Business Tp

Other

Yes

New Financing

Cash

Yes

Showing

See Agent Instructns

Yes

Property Features