5,700 SF Retail Building at Walker St and Sutherland For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30349036
Property Subtypes: Street Retail
Building Size (RSF): 5,700 SF
Gross Building Area: See Agent
Sale Price: $339,000
Unit Price: $59.47 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/12/2019

Overview / Comments

5,700 SF building located at 514 Walker St by Sutherland Avenue intersection is currently occupied by a furniture and home goods store on a month-to-month basis. The building has a very open floor plan and would accommodate many retail uses. The adjoining property at 2815 Sutherland Ave is also for sale containing 2,880 SF.

Square footage is per public record, not guaranteed and should be verified. Please do not disturb tenant.


Finance Data Year 2018
Real Estate Taxes - Annual($) $3,100 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 108AB019
Zoning: C-3
Site Description: The property has good visibility due to its proximity to Sutherland Ave/Walker Street corner.
Area Description: Sutherland Ave to Walker St, property on right.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1965

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,760 75,497 166,886
Median Age: 28.8 32.04 34.83
Households: 2,704 30,351 71,371
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