The Shops at Vestal For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30777406
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 3,752 SF
Gross Building Area: See Agent
Sale Price: $89,900
Unit Price: $23.96 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

4120 & 4124 Martin Mill Pike "The Shops at Vestal"
One story strip 3,752 sq ft
This building does need a total renovation but if building is restored it is allowed to stay and is grandfathered in place. If torn down, nothing can be built back.
Over 2 acres with these parcels

Sale includes the following parcels:
123AC043, 123AC042

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 123AC042
Retail Clientele: General
Property Located Between: Corner of Martin Mill Pike and Ogle Ave
Property Visibility: Excellent
Largest Nearby Street: Chapman Hwy/US 441
Number of Stories: 1
Property Condition: Poor
Year Built: 1920
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,331 57,059 120,237
Median Age: 30.24 31.4 34.66
Households: 2,379 22,277 50,026


Photograph of Listing Agent

Jennifer Scates

Holrob KAAR CIE Member
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