Catylist ID:
#30578259
Oak Ridge Office Building / 116 Milan Way
Office
for Sale
Also listed as Special Purpose
| Catylist Listing ID: | 30578259 |
| Property Subtypes: | Governmental, High-Tech, Medical, Flex Space, Office Building, Research & Development |
| Building Size (RSF): | 15,129 SF |
| Gross Land Area: | 1.50 Acres |
| Sale Price: | $1,250,000 |
| Unit Price: | $82.62 PSF |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/5/2021 |
Overview / Comments
|
Super opportunity for a brick 2-1/2 story office building on 1-1/2 level acres. Amazing location next to the Oak Ridge Post Office. Plenty of parking and room for expansion. Vacant 1 acre flat lot across drive is INCLUDED in sale price. Well built all concrete and brick building with elevator and 3 staircases. Great candidate for owner-occupant or senior living conversion. Perfect floor-plan for an owner to occupy one floor and lease out the other. Tall Ceilings, especially on upper floor, allows for a variety of office and R&D type uses. Priced below market at $83/SF! Square footage derived from Tax records, deemed reliable but not guaranteed. Call for tour or information. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Anderson |
| Taxing Authority: | Oak Ridge |
| Tax ID/APN: | 001100A C 00200 |
| Zoning: | O-2 OFFICE DISTRICT |
| Property Located Between: | Bus Terminal and Administration |
| Property Visibility: | Good |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Typical SF / Floor: | 7,000 SF |
| Year Built: | 1943 |
| Year Renovated: | 2000 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,105 | 24,790 | 42,922 |
| Median Age: | 45.27 | 41.87 | 42.48 |
| Households: | 3,044 | 10,906 | 18,138 |
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