Prime Business & Home Opportunity in GREAT Location!

Business Opportunity for Sale
Also listed as Multi-Family
Catylist Listing ID: 30748724
Property Subtypes: Business Services, Hair and Beauty, Machinery, Office, Personal, Professional Services
Building Size (RSF): 6,000 SF
Sale Price: $559,900
In Opportunity Zone? Yes
Year Business Established: 1999
Gross Revenue: $0 (Annual)
Cash Flow: $13,440 (Annual)
Home Based: Yes
Living Accomodations: Yes
Sale Terms: 3-1 bedroom apartments, already with tenants; an active beauty salon the seller is willing to transfer (including phone number that has been in business over 20 years). Seller will not sign a no-compete.
Last Updated: 9/11/2021

Overview / Comments

LOCATION, OPPORTUNITY, LOCATION!...looking to live, work, & invest on a single piece of land in a beautiful area? Here's your perfect opportunity! This property includes 3-1 bedroom apartments already occupied with tenants, a small storefront facing main street that's currently being used as a beauty salon, a 2000 sq. ft detached garage, & a 3 bed/2 bath with 2,200sq ft of living space in the heart of downtown Pikeville...complete with a swimming pool surround by privacy fence! Plenty of paved parking & close to several restaurants & convenient stores. From the balcony you can see the beautiful Tennessee mountains or watch all the fun summer events downtown. Just a short scenic drive to Fall Creek Falls or Cumberland Mountain State Park. Don't miss this amazing opportunity!

Attachments & Media

Additional Details

County: Bledsoe
Industry Segment: Other Business Services
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Growth/Expansion Opportunities: Unlimited. The 2000 sq. ft. garage could be an auto body shop; the store front has unlimited potential in a great location; The living space could be an Airbnb, VRBO, etc.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,212 3,563
Median Age: 42.28 43.08
Households: 895 1,450

Contact

Photograph of Listing Agent

Gina Knight

Re/Max Finest KAAR CIE Member
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