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Nashville businesses worry about downtown's future as liquidation auction looms

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Posted at 5:02 PM, Oct 15, 2019
and last updated 2019-10-15 18:57:31-04

NASHVILLE — Some businesses in downtown Nashville are worried about their future as a third of the properties are being sold in two weeks.

Andy Rogers owned about a third of the businesses in downtown Nashville. When he died, his children decided to sell his estate, which included about 25 local shops.

Residents, business owners and town council members are worried a buyer will come in and decide to develop the properties.

One of those businesses includes the Totem Post, a downtown staple since it opened more than 65 years ago.

"We have a lot of people that come through our door and say it wouldn't be a trip to Nashville if they didn't come here," Totem Post owner Liana Franklin said. Franklin's parents opened the business in 1952.

To try and help protect the businesses, the town council recently created new rules to make it more difficult to tear down historical buildings more than 50 years old.

"She said kids pay attention today because we are making memories," Totem Post employee Kate May said. "Because when we come back next year like we always do, it may not be the same."

The real estate liquidation auction is scheduled for 1 p.m. on Oct. 30 at the Brown County History Center in Nashville. Bids will be taken in person, over the phone and online.

You can view a full list of properties up for auction here.

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