US Dept of the Treasury Seized Real Property Banner
Retail Building
Seized Real Property in conjunction with IRS-CI
16-22 Market Square, Knoxville, Tennessee 37902
16-22 Market Square, Knoxville, Tennessee 37902
Auction: Wednesday, October 24, 2007
Registration Starts: 11:00 a.m
Auction Starts: 12:00 noon. Phone bidding also available (see Terms of Sale)
Auction Location: 17 Market Square, #201, Chamber of Commerce Bldg, Knoxville
Preview Dates: October 17th, 21st, and 23rd , 1:00 - 4:00 p.m.
Deposit: $100,000 Cashier's check made payable to EG&G Tech Srvcs
Opening/Starting Bid: Will be established at the auction
Minimum/Reserve Bid: For details, please click here

Cashier's checks made payable to bidder's name CANNOT be accepted
Utilities: Electricity, Gas, Water, and Sewer
Parcel Number: 094LE-038
2005/06 Annual Taxes: $7,556.20 ±
Age: 74 years
Zoning: C-2/H-1
Total Improved Area: 22,584 ± sq. ft.
Total Site Area: 11,599 ± sq. ft.
County: Knox
Sale Number: 08-66-811
3 buildings containing a total of 22,584 ± sq. ft. including leased retail space, restaurant, night club, and eleven residential lofts. The operating businesses are not included in the sale. The lofts include 1 bedroom and studio units with a common rooftop area. The buildings were built in 1933 and renovated in 2004 and 2005. Property Rights are
Sub Lease Fee Interest. The property is owned by the Industrial Development Board of the City of Knoxville. NOTE: All 3 Market Square properties (28, 36, and 16-22) will be offered individually and then offered together the day of the auction. Click here to view Detailed Information (DIP) Package.

Directions to Sale Property: From TYS Airport merge onto Airport Hwy/Alcoa Hwy/US-129 N via the ramp to Knoxville/Oak Ridge. Continue to follow US-129 N for 11.8 miles. Take the ramp to I-40 E. Keep Left at the fork, follow signs for Ashville/I-40 E/I-75/Lexinton and merge onto I-40 E. Take Exit 388 for US-441 S/Henley St. toward Downtown. Keep Right at the fork, follow signs for Western Ave/TN-62/Summit Hill Dr. Turn Left at TN-62/Western Ave. Continue on W Summit Hill Dr. Turn Right at S Gay St. Turn Right at Wall Ave. Buildings are along the pedestrian mall on Market Square.