Precast Concrete Roof creates versatile clear span spaces!

Industrial for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30704450
Property Subtypes: Flex Space, Mixed Use, Office Showroom, Warehouse/Distribution
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $625,000
Unit Price: $113.64 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/4/2021

Overview / Comments

Former Kay Uniform Building just off Magnolia and Willow. Walking distance to Old City, Downtown and the new proposed Smokies Baseball Complex. Complete high-quality renovation inside and out. Very open industrial feeling with natural exposed concrete double T span-deck roof system, painted concrete block walls and epoxy concrete slab on grade. Inside features 2 large offices with LVP flooring, 2 baths with porcelain floors, all new fixtures and subway tile walls. Two new rooftop HVAC units with exposed ductwork inside for heat and AC for the entire building. New LED lighting throughout with updated electric. TPO roof with recent refurbishments. Total square footage of 5,500 SF consisting of 900 SF of office/baths/entry with 2 wide open studio/warehouse spaces. Front studio is 2,100 SF with 12' high ceilings and back studio has 2,500 SF with 15' high ceilings. Outside includes 22 parking spaces and new LED photo-cell lighting. Great opportunity for many uses such as offices, showroom, warehouse, studio, production, assembly, art and advertising, photography and restaurant. Also, in the opportunity zone.

Owner/Agent - See Listing Agent for more details.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $2,026 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 095AD017; 095AD018
Zoning: C-G-2
Site Description: Gently sloping
Area Description: From Downtown: Follow I-40 to Exit 389 for Hall of Fame Dr. Proceed south to East Magnolia, left to Jessamine St. Right to Chilhowee Ave. Destination is on the left at the corner of Jesamine and Chilhowee.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2021
Construction/Siding: Steel Frame
Parking Type: Surface
Total Parking Spaces: 22

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,515 85,396 150,523
Median Age: 35.77 32.88 34.95
Households: 6,860 34,989 64,382
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