Retail or Office Space in Townsend, TN
Retail-Commercial
for Sale
| Catylist Listing ID: |
30835666 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Building Size (RSF): |
3,128 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$599,900 |
| Unit Price: |
$191.78 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
3,128 SF |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/13/2023 |
Overview / Comments
|
Located in the Trillium Cove Shopping Village, less than two miles from the entrance to the Great Smoky Mountains National Park (Cade's Cove entrance), this one building is comprised of two units. Each unit has 1564 square feet. They are currently opened to each other to make one large shop space that is presently a retail and stained glass shop. However, they can easily be closed to rent or utilize as two separate spaces. They do have separate electric meters as well. Public utility water, mowing, and private septic system that is owned and maintained by Tennessee Wastewater are included in the $75/month HOA fee. Owner is willing to lease back one unit for 1-2 years, possibly longer, depending on buyer's needs. Trillium Cove Shopping Village is comprised of 25 units in a Planned Unit Development, surrounded by connecting sidewalks, common area, and landscaping to create a pedestrian shopping experience. The Trillium Cove development is surrounded by a one way road, that is lined with parking spots, in addition to the rear overflow parking lot. It adjoins Hwy 321 (East Lamar Alexander Parkway) and the Townsend Walking and Biking paths that go through Townsend on both sides of the highway and are connected by three tunnels. Townsend boasts a huge traffic count being a gateway city into one of the most visited National Parks in the United States at close to 14 million visitors, with Cades Cove being the most visited location inside the GSMNP.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Blount |
| Taxing Authority: |
Blount County |
| Tax ID/APN: |
005096EC00200 |
| Zoning: |
B-1 |
| Retail Clientele: |
General, Business, Traveler, Tourist, Recreation |
| Largest Nearby Street: |
East Lamar Alexander Parkway |
| Airports: |
McGee-Tyson Airport |
| Site Description: |
Located in the Trillium Cove Shopping Village. 25 total units in the Planned Unit Development. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
2005 |
| Year Renovated: |
2018 |
| Roof Type: |
Gable |
| Construction/Siding: |
Wood Frame, Wood Siding |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Other |
| Easements: |
Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,006 |
1,821 |
3,798 |
| Median Age: |
48.6 |
50.88 |
51.52 |
| Households: |
443 |
817 |
1,691 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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