Redevelopment Site in the heart of Bearden

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30787788
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 18,343 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $2,975,000
Unit Price: $162.19 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: West End Antiques
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

Prime Location! Great redevelopment or rehab opportunity. This property has 179 feet of frontage on busy Kingston Pike with 19,471 cars per day.

Located in the heart of Bearden, neighboring major big box retail & upscale clothing and boutique stores.

Concept plans on file as bank, large retail or strip center.

Property is also offered as a ground lease - See separate listing.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 121BB035
Zoning: C-G-1
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Kingston Pike
Feet of Frontage: 179
Traffic/Vehicle Count: 19,471
Highway Access: Kingston Pike
Airports: TYS
Site Description: Former antique mall and Cas Walker grocery store. Solid bones but could also be a rehab/teardown for a new strip center.
Area Description: Major retail & business district
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 18,343 SF
Year Built: 1953
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick and glass exterior
Total Parking Spaces: 30
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: C-G-1 General Commercial
Lot Frontage: 179
Lot Depth: 261
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Easements Description: KUB
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,204 57,010 168,721
Median Age: 41.03 36.55 34.7
Households: 2,959 25,590 70,676
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