Sutherland Ave Retail - 2,880 SF For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30348491
Property Subtypes: Street Retail
Building Size (RSF): 2,880 SF
Gross Building Area: See Agent
Gross Land Area: 7,828 SF
Sale Price: $249,000
Unit Price: $86.46 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2019

Overview / Comments

Sutherland Ave building for sale with 2,880 SF and C-3 zoning allows for many uses. The building is currently rented on a month-to-month basis by a martial arts instructor. The adjoining property at 514 Walker Street is also for sale containing 5,700 square feet.

Please do not disturb tenant. Square footage is not guaranteed and should be verified.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $2,427 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 108AB018
Zoning: C-3
Site Description: With frontage on Sutherland Ave and the corner of Walker St & Sutherland Ave, the property has excellent visibility.
Area Description: The up and coming Sutherland Ave corridor continues to grow due to its proximity to UT Campus, Bearden and West Knoxville.
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 1960
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,450 75,497 166,886
Median Age: 28.77 32.04 34.83
Households: 2,147 30,351 71,371
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