Professional Office Building with Rentable Basement

Office for Sale
Catylist Listing ID: 30564761
Property Subtypes: Office Building
Building Size (RSF): 4,740 SF
Gross Land Area: 43,123 SF
Sale Price: $340,000
Unit Price: $71.73 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Class of Space: Class A
Usable Size (USF): 4,740 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/31/2020

Overview / Comments

Former Lawyer Offices. This wonderful office space has 6 offices or 5 with conference room. Solid with Block walls and a 2700+ space in the basement that has a cabinet shop. The Basement can be leased out or used for storage. Suggested rent for the basement is at least $1000 per month. Located west on Western Avenue. New road work is complete. Great Visibility and plenty of parking.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 079NC010
Property Visibility: Excellent
Highway Access: on Main Highway
Area Description: Just a few blocks outside the Business Center of Cumberland Estates
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,000 SF
Year Built: 1940
Year Renovated: 1995
Construction/Siding: Block, Vinyl Siding
Parking Type: Surface
Parking Description: Park at the door
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Upstairs Class A space fit for the Professional Downstairs is a custom Cabinet shop
Lot Frontage: 164
Lot Depth: 257
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Driveway for home behind the office

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,658 61,522 164,418
Median Age: 36.82 34.92 35.73
Households: 2,375 26,363 71,265


Photograph of Listing Agent

Jerry J Headrick

Realty Executives Associates
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