Retail Property For Sale
Retail-Commercial
for Sale
Also listed as Vacant Land
| Catylist Listing ID: |
30595451 |
| Property Subtypes: |
Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Building Size (RSF): |
7,139 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.42 Acres
|
| Sale Price: |
$725,000 |
| Unit Price: |
$101.55 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/29/2020 |
Overview / Comments
The subject property is approximately 1.42 acres improved with a building of approximately 7,139 square feet. The property is zoned B-3 (Intensive Business District), a district for retail and other commercial establishments. There is a median cut in front of the property on Decatur Pike. Average daily traffic counts are +/- 20,090 on Decatur Pike and +/- 39,376 on I-75. The site has over 90 parking spaces, a loading dock, a large pole sign and two points of ingress/egress.
The building was built circa 1991 and is currently occupied by Russell Stover Chocolates. They anticipate vacating the building by August.
|
Additional Details
| Nearest MSA: |
Athens |
| County: |
McMinn |
| Tax ID/APN: |
046 239.00 |
| Area Description: |
The subject property is located 0.4 miles from Interstate 75 exit # 49 at the corner of Decatur Pike and Lee Erwin Road in Athens, TN.
|
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
11,522 |
25,882 |
| Median Age: |
40.14 |
40.35 |
| Households: |
4,940 |
10,460 |
|
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Neither Knoxville Area Association of REALTORS® nor
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