Historic Office Building 2000 SF With Significant Updates

Office for Sale
Catylist Listing ID: 30801201
Property Subtypes: Business Park, Executive Suites, Coworking, High-Tech, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 2,000 SF
Gross Land Area: 0.27 Acres
Sale Price: $299,999
Unit Price: $150 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Mulberry Office
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/3/2022

Overview / Comments

Situated along Mulberry St. this spacious 2000 SF historic office building 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 asphalt parking lot, a highly sought after amenity for a downtown property. This spacious paved parking lot has been installed for the exclusive use of its owners or tenants/occupants of the building. Monument signage directly on Mulberry offers company branding, exposure and visibility on this highly trafficked road. 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.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053041AC02800
Zoning: COMMERCIAL
Property Located Between: Mulberry Street and Wharf Street
Highway Access: Highway 72
Site Description: Downtown site has been landscaped and equipped with a brand new asphalt parking lot.
Area Description: A downtown area redevelopment.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1910
Year Renovated: 2021
Roof Type: Hip
Exterior Description: Newly surfaced maintenance free metal coated roofing, modern paint schemes on the inside and out.
Parking Type: Surface
Parking Description: Nnew asphalt parking lot. This spacious paved parking lot has been installed for the exclusive use of its owners or tenants/occupants of the building.
Interior Description: Modern paint schemes on the inside and out, coupled with oversized windows in all the offices and 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, hardwood floors throughout w full kitchen on the first floor and kitchenette with Shower on the 2nd floor
Legal Description: 01 044C E 044C 01000 000

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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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