For Sale or Lease

Shopping Center for Sale
Catylist Listing ID: 30797581
Property Subtypes: Community Center, Mixed Use, Neighborhood Center, Strip Center
Building Size (RSF): 1,870 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $599,000
Unit Price: $320.32 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/20/2023

Overview / Comments

THIS PREMIUM 1 ACRE LOT IS LOCATED IN EXCLUSIVE NORRIS, TN WITH HIGHWAY EXPOSURE AND SERVICE ROAD. THE LOT IS GRADED AND LANDSCAPED. THE BUILDING HAS BEEN PROFESSIONALLY RENOVATED WITH NEW ROOF, GUTTERS, SIDING, PLUMBING, ELECTRICAL, PAINT AND HVAC. CAN BE LEASED AS ONE OR TWO UNITS. APPROXIMATE YEARLY INCOME $33,600. Adjacent properties could be acquired in a purchase for 1.1 million. Call for more information.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Anderson County
Tax ID/APN: 00103109800
Zoning: COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: Highway 61
Feet of Frontage: 229
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 1958
Year Renovated: 2022
Construction/Siding: Block

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,132 22,700
Median Age: 43.65 42.55
Households: 2,121 9,014
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