For Sale - Broadway in the Heart of Fountain City

Retail-Commercial for Sale
Catylist Listing ID: 30523714
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,680 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $525,000
Unit Price: $92.43 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

Very rare offering for sale located on Broadway in the middle of Fountain City directly in front of Broadway Square Shopping Center whose tenants include: Food City, Big Lots, Harbor Freight and Planet Fitness. Currently two tenants occupy the subject building, Penny Pawn and Once Again Interiors. Left turn in at the traffic light for easy access. Traffic Count of 49,488 VPD. This is a great location.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $7,431 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 058ND042
Zoning: C-3
Feet of Frontage: 85
Traffic/Vehicle Count: 49,488
Area Description: I-640 to north on Broadway, property on the left.
Total Number of Buildings: 1
Year Built: 1955
Year Renovated: 1985
Total Parking Spaces: 22
Lot Frontage: 85
Lot Depth: 155

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,861 68,047 153,631
Median Age: 38.56 37.73 36.15
Households: 3,201 29,996 65,261
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