Townsend Hwy Frontage

Retail-Commercial for Sale
Catylist Listing ID: 30818594
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,000 SF
Gross Land Area: 1.11 Acres
Sale Price: $498,000
Unit Price: $166 PSF
Property Use Type: Investment
Building Name: Wolf Creek
Usable Size (USF): 3,000 SF
Core Factor: 1,800%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2022

Overview / Comments

This property was previously known as Nawger Nob The main retail building has been renovated with new plumbing, electrical, and HVAC with porched areas added. current owner has added a 1,200 sq ft storage building with 5 rollup doors. there are a lot of possibilities for different uses that would be an attraction to tourist that are coming to the area. There are older building on the property that have limited value.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 00509609701
Zoning: B-1
Retail Clientele: Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: US 321 East Lamar Alexander Pkwy
Feet of Frontage: 175
Traffic/Vehicle Count: 10,062
Highway Access: Hwy US 321
Airports: McGee Tyson
Site Description: Level with buildings
Area Description: Tourist Area
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 1,800 SF
Property Condition: Average
Year Built: 1973
Year Renovated: 2019
Parking Type: Surface
Sprinklers: None
Zoning Description: B-1
Lot Frontage: 175
Lot Depth: 276
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,026 3,798
Median Age: 51.79 51.52
Households: 1,357 1,691

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