Commercial Building in Historic DT Lenoir City

Retail-Commercial for Sale
Catylist Listing ID: 30717662
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 3,775 SF
Gross Building Area: See Agent
Sale Price: $175,000
Unit Price: $46.36 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2021

Overview / Comments

Retail Commercial in historic downtown Lenoir City, TN. Built in1920. Fronts on 2 streets so most-likely could be subdivided into 2 units. Needs some TLC but could be a great investment property! High ceilings, partially exposed brick wall.
Sold as is.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: London County
Tax ID/APN: 053020L L 00500
Property Condition: Fair
Year Built: 1920
Roof Type: Flat
Parking Type: Other
Parking Description: Standard downtown city street parking.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,805 14,876 35,604
Median Age: 32.67 37.29 43.82
Households: 1,074 5,750 14,236


Photograph of Listing Agent

Charles Baine

Baine Realty Group KAAR CIE Member
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