Retail-Commercial for Sale
Catylist Listing ID: 30784403
Property Subtypes: Mixed Use
Building Size (RSF): 5,844 SF
Gross Building Area: 52,272 SF
Gross Land Area: 1.20 Acres
Sale Price: $309,999
Unit Price: $53.05 PSF
Property Use Type: Business
Building Name: Former Church Building
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/3/2022

Overview / Comments

This is an opportunity not to be missed: a chance to own 1.2 acres of prime commercial real estate with an existing structure and paved parking lot and room to expand with exceptional visibility and direct access from a section of Clinton Highway that sees tends of thousands of cars pass directly in front daily. The existing structure was used as a church building up until 2021. The interior has since been largely gutted, making renovation to suit the needs of a new owner easier and quicker. Functioning equipment such as HVAC and water heater are still present and appear / are known to be in good working order, but Buyer to verify. The facility has existing features typical of / required of a commercial property open to the public, such as wheelchair access, emergency exits, exit signs, and other such features. There is a large room that was the main auditorium, and there are other, smaller rooms that once served as classrooms and other rooms typically found in a church building. There are two floors and an unfinished basement. There is a covered pavilion on the property with a concrete floor. The parking lot can hold anywhere from 10-15 cars. There is significant Clinton Highway frontage. There is room behind the building to build or expand. There is a paved drive leading from the parking lot to the back of the lot. There is a sign on a pole in the front with electrical connected. This property needs a new owner, and that new owner could be you! You can make this property fit your needs, and you’ll have great presence in a high traffic area for low cost.

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Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 067 199
Property Located Between: Flowers Baking and Walmart Supercenter
Property Visibility: Excellent
Largest Nearby Street: Clinton Highway
Highway Access: The property is accessed directly from Clinton Highway. There is a considerable amount of Clinton Highway road frontage directly in front of the building and into the parking lot to the left side, as you face the building. There is room to pull over from Clinton Highway in order to slow down before turning onto the property.
Site Description: This is over one acre of prime 4-lane Clinton Highway road frontage. The lot is slopping, with a paved drive from the parking lot in the front to the open space in the back.
Area Description: This is an area that is bound to boom. There is growth along Clinton Highway on either side of this property, with multiple big box stores and shopping centers just a few over the hill. This section of Clinton Highway sees tens of thousands of cars daily going right past this property.
Tenancy: Single Tenant
Total Number of Buildings: 2
Property Condition: Fair
Year Built: 1945
Roof Type: Gable
Construction/Siding: Aluminum Siding
Exterior Description: White building with aluminum siding resembling a church building (because it was a church building).
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Paved parking lot suitable for 10-15 cars.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel ID/Tax ID 067 199

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,436 44,143 123,703
Median Age: 37.3 37.54 36.13
Households: 1,269 17,810 51,583


Photograph of Listing Agent

Jeremiah McCarver

Fathom Realty TN LLC KAAR CIE Member
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