Brick Masonry Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30679850
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 2,450 SF
Gross Building Area: See Agent
Gross Land Area: 0.12 Acres
Sale Price: $284,400
Unit Price: $116.08 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2021

Overview / Comments

Washington Avenue and the Parkridge neighborhood are listed on the National Register of Historic Places. Located off Magnolia Avenue the building abuts the First Creek Greenway, Caswell Park, and the Standard Knitting Mill (which is slated for redevelopment). The property is located within the IRS Code Section 1400Z Opportunity Zone.

Parkridge boasts sidewalks and Victorian houses, many of which have been recently renovated. The neighborhood contains the largest concentration of houses designed by George Franklin Barber, an architect known nationwide for his Victorian house plans. George Barber is father to architect Charles Barber. Knoxville firm Barber McMurray Architects still bears his name.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 082PF003
Zoning: C-G-2
Construction/Siding: Brick
Parking Type: Surface
Parking Description: On street parking available. Parking may also be developed on the property.
Zoning Description: C-G-2 Zoning allows for a heterogeneous mix of retail, personal service, office, and residential.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,249 88,960 155,543
Median Age: 38.46 33.48 34.98
Households: 5,017 36,808 66,408


Photograph of Listing Agent

Matthew DeBardelaben

Realty Executives Associates KAAR CIE Member
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