Former Huntsville Hardware Store for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30834579
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 9,180 SF
Gross Land Area: 0.97 Acres
Sale Price: $650,000
Unit Price: $70.81 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Former Huntsville Hardware Store
Usable Size (USF): 9,180 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2023

Overview / Comments

Prime re-purpose opportunity for retail or service industry businesses located on a 0.97-acre lot, with 244ft of road frontage on Baker Highway in Huntsville, TN. This location has great exposure with easy ingress and egress and within walking distance from the county courthouse and city center. The main building was used as a local hardware store with approximately 7080 sq ft of open space, and the secondary 2100 sq ft building was used for storage.

Huntsville, located in Scott County, covers an area of approximately 4 square miles. The town has a strong sense of community and offers a variety of amenities and attractions for residents and visitors. Scott County, located 45 mins. from Knoxville, has a population of 21,850. Outdoor enthusiasts will find plenty to do in Huntsville, which is surrounded by the natural beauty of the Cumberland Plateau and within close proximity to The Big South Fork National River & Recreation Area.

Additional Details

Nearest MSA: Knoxville
County: Scott
Taxing Authority: Huntsville & Scott County
Tax ID/APN: 076086L A 00701
Zoning: COMMERCIAL C-2
Retail Clientele: General, Business
Property Visibility: Excellent
Feet of Frontage: 288
Highway Access: Baker Highway
Area Description: Property is located across from Huntsville Elementary School and West of several local businesses.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,080 SF
Property Condition: Average
Year Built: 1943
Roof Type: Gable
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Great road frontage and exposure
Parking Type: Surface
Parking Description: Paved open surface parking
Heat Type: Electricity, Other
Heat Source: Central, Other
Air Conditioning: Package Unit, Other
Interior Description: Main building is an open space with tile and painted Drywall. Warehouse building is open with concrete floors and two overhead doors.
Zoning Description: Commercial - Retail Trade C-2
Lot Frontage: 288
Lot Depth: 158
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Hembree Estate

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,247 8,502
Median Age: 38.54 38.17
Households: 1,224 3,240

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