Downtown Knoxville Mixed Use Opportunity
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30817635 |
| Property Subtypes: |
Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| Status: |
Pending/Contingent |
| Condo? |
Yes |
| Building Size (RSF): |
4,757 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,650,000 |
| Ceiling: |
24 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/2/2023 |
Overview / Comments
|
Please contact the agent for more information about this listing.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
094EK005 |
| Is Condo?: |
Yes |
| Zoning: |
DK-G MIXED USE |
| Property Located Between: |
W Depot off N Gay |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
N Gay St |
| Site Description: |
Spectacular mixed use property in downtown Knoxville is available after decades of private family ownership. Current residence of approx 3200sf boasts a soaring 24' ceiling in living room with gas fireplace, 3 bedrooms, 2.5 baths, private 2 car detached garage, and a beautiful courtyard. The 2 bedroom, 1 bath Guest House above the 2 car garage is suitable for guests or as an income producing property. Besides the main house, Guest House, private garage and courtyard, this property has 2 additional office suites accessed off N Gay Street. Currently used as income producing property, the 861sf can also be renovated for additional square footage in the main house. Highest and Best use for this property gives ''owner's choice'' a whole new meaning. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Year Built: |
1900 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface, Other |
| Parking Description: |
Parking available in adjacent lot. Must confirm with lot owners. |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
DK-G Mixed Use |
| Lot Frontage: |
46' |
| Lot Depth: |
100' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,310 |
89,401 |
153,071 |
| Median Age: |
27.41 |
32.42 |
35 |
| Households: |
5,660 |
36,506 |
65,318 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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