PUBLIC FORECLOSURE

Each month, we hold a public auction on storage units that are more than 60 days in default in order to satisfy our lien as defined by Tennessee state law. This is an unfortunate, but necessary, event in order to make these storage units available for others. At Cannon Self-Storage Co., we make every effort to contact our tenants and work out a payment arrangement. A public auction of someone's belongings is absolutely the last resort used to satisfy the outstanding bill.

Our Chattanooga, TN store holds monthly public auctions online at StorageTreasures.com. Please view the 2020 Foreclosure Auction Calendar for upcoming auction dates.

Create an account on Storage Treasures to start bidding.

2025 Foreclosure Auction Calendar

January 2026
1/6 thru 1/13

AUCTION POLICIES

1. A $100 CASH deposit must be left with the manager at the office.

This deposit will be returned to you once your purchased unit is emptied and swept clean.  Please leave the door unlocked and open and notify the manager upon completion. A manager must view the unit before your deposit will be returned.

2. You will be asked to leave a photocopy of your VALID driver’s license OR State-issued ID at the office with your deposit.

3. Once payment is made, the winning bidder will be responsible for providing a lock to secure any purchased units.

4. Purchased units must be emptied within 48 hours. Bidders are bidding on the entire contents of the unit.

We will NOT provide you a gate/facility access code.  Purchased units must be emptied during office hours.  If you require more than 48 hours for removal the contents of the unit, a $35.00/day rent fee will be applicable to your purchase, lest we can determine if an exception can be made.

5. Remove the entire contents of the unit.

There is no on-site disposal.  Neglecting to empty the unit entirely or dumping the unit contents on site, will result in forfeiture of your deposit.  If the building has a dumpster, it is NOT available for use (NO DUMPING).

6. You may NOT leave a vehicle or trailer parked on-site overnight.

7. Please do NOT leave anything in the aisles outside the unit.

If you are leaving the unit or the facility, please secure all contents inside the unit, and lock your unit until you return.

8. You may NOT prop open doors to the facility.  Please check with the manager for use of any loading docks.

9. No FOOD/DRINK allowed inside the facility. No exceptions.

10. Occasionally, tenants will ask that personal items found in the unit (family photos, Social Security cards/id, birth certificates, State ID, etc).

It is Cannon Self-Storage policy to give the name and contact information of the tenant to the winning bidder.  The bidder may contact the tenant to make arrangements.

11. No smoking in office or inside facility gate, please. Please only smoke in the front parking lot, away from the entrances to the building.

12 Parents are responsible for the supervision and safety of their children while on the premises and release the facility for any injury arising from the lack of supervision.

13. Rules and Policies are subject to change on day of auction.

14. All sales are AS IS/FINAL.