Excellent opportunity a half of mile from new baseball stadium

Retail-Commercial for Sale
Catylist Listing ID: 30803150
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 2,367 SF
Gross Building Area: See Agent
Sale Price: $365,000
Unit Price: $154.20 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Hair Fashions East
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2022

Overview / Comments

Here's your chance to snap up an excellent piece of commercial real estate a half mile from the new baseball stadium. The front half of the building is being used as a hair salon. The back half has tons of potential. Parking for over 20 cars. Lot's of updates have been done to the building over the years. Space features 2 full and one half bath. The back half of the building was once leased as an apartment and still has the layout. Being sold as is.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 095BA006
Property Located Between: Bertrand and Winona
Property Visibility: Excellent
Largest Nearby Street: Magnolia
Area Description: From I-40 head towards Downtown Knoxville. Exit right at Hall of Fame. Right on to Magnolia Ave. Right on to Winona and left on to McCalla Ave. Property on the right.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1960
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Walls brick veneer, masonite siding. Roof composite shingles. Windows single pane, double hung, wood. Foundation block.
Parking Type: Surface
Parking Description: Drive way leads to the parking lot at the back of the building.
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,976 79,217 148,115
Median Age: 34.4 32.66 35
Households: 5,387 32,176 63,284

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