Mixed Use Rental Investment
Office
for Sale
| Catylist Listing ID: |
30801201 |
| Property Subtypes: |
Executive Suites, Coworking, High-Tech, Medical, Mixed Use, Office Building, Other
|
| Building Size (RSF): |
2,000 SF
|
| Gross Land Area: |
0.27 Acres
|
| Sale Price: |
$259,999 |
| Unit Price: |
$130 PSF |
| Ceiling: |
10 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Building Name: |
Mulberry leased investment |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/30/2023 |
Overview / Comments
Investment Opportunity! Leased with tenant paying $1900 per month!
Situated along Mulberry St. this spacious 2000 SF historic property, just experienced a significant update while maintaining it’s wonderful curb appeal and attractive design. Just recently completed, the site has been landscaped and equipped with a brand-new driveway and parking area. Monument signage directly on Mulberry offers company branding, exposure and visibility on this highly trafficked road. Mixed use property currently leased as single family. Prior use was duplex w office and residential mixed use. The Loudon Downtown redevelopment continues to receive acclaim and interest from local and regional visitors alike. Newly surfaced maintenance free metal coated roofing, very attractive modern paint schemes on the inside and out, coupled with oversized windows in all the offices and rooms, create a wonderful bright work environment for your company or for a future tenant if you are looking for a commercial investment in East TN. Separate central heating and air units serve the upper and lower level to optimize climate control and utility efficiency. Solid core doors, hardwood floors throughout w full kitchen on the first floor and kitchenette with Shower on the 2nd floor. growing submarket of Loudon County.
Showings require 24 hours notice.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Loudon |
| Taxing Authority: |
Loudon City |
| Tax ID/APN: |
053041AC02800 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Mulberry Street and Wharf Street |
| Property Visibility: |
Excellent |
| Highway Access: |
Highway 72 |
| Site Description: |
Downtown remodeled historic property w handicap access and new asphalt driveway and parking |
| Area Description: |
Situated in downtown Loudon |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
1,000 SF |
| Year Built: |
1910 |
| Year Renovated: |
2021 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick/Vinyl Siding |
| Exterior Description: |
Newly surfaced maintenance free metal coated roofing, modern paint schemes on the inside and out. |
| Parking Type: |
Surface |
| Parking Description: |
New asphalt parking lot. This spacious paved parking lot has been installed for the exclusive use of its owners or tenants/occupants of the building. |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Interior Description: |
Newly painted and finished hardwood floors. Modern paint schemes on the inside and out, coupled with oversized windows in
all the rooms, create a wonderful bright work environment. Separate
central heating and air units serve the upper and lower level to optimize climate control and utility efficiency. Solid core doors, w full kitchen on the first floor and kitchenette with Shower on the 2nd floor |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,211 |
8,294 |
30,464 |
| Median Age: |
46 |
41.73 |
43.92 |
| Households: |
888 |
3,218 |
12,401 |
|
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