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Home & 0.33+/- Ac. Lot

ONLINE ONLY CHANCERY COURT AUCTION

246 South Franklin Ave.  • Cookeville, TN 38501

STARTS: SATURDAY • APRIL 25 11 AM

ENDS: SATURDAY MAY 9 11 AM

Set on 0.33± acres, this property presents a compelling opportunity for investors and developers. The parcel offers a level, usable layout with ample space for redevelopment, expansion, or adaptive reuse. The existing structure is a 2BR, 1BA home that is in disrepair and will require renovation. Depending on your vision, the home could be restored for residential or office use, or cleared to make way for new construction better suited to the site’s commercial potential. Zoned CL (Local Commercial), the property supports a variety of uses such as retail, office space, service-based businesses, or mixed-use development (subject to local regulations). With its flexible zoning, manageable lot size, and prime positioning, this property offers 

tremendous upside for those ready to reimagine and unlock its full potential.

FOR MORE INFO CONTACT

Lee J. Amonett • Broker/Auctioneer • (931) 252-1907

Brandi Ashburn • Clerk & Master • (931) 526-6321

 

Terms: Selling under the direction of Putnam County Chancery Court Case No 2025-183. 20% Deposit Day of Sale, balance due upon Court Confirmation. Auction Conducted Subject to a 10 Day Raise Period. Home built prior to 1978,  buyer to sign a 10 day waiver on inspection for lead based paint. All Property selling “As Is, Where Is” both surface and subsurface with no warranties. Bidders should complete their own due diligence prior to bidding. Announcements & Updates Take Precedence Over All Other Advertising.

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