Catylist ID:
#30699955
118/116 W. Summit Hill Drive
Retail-Commercial
for Sale
| Catylist Listing ID: | 30699955 |
| Property Subtypes: | Mixed Use |
| Building Size (RSF): | 13,028 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,300,000 |
| Unit Price: | $99.79 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User, Business |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/12/2021 |
Overview / Comments
|
Opportunity to develop two historic buildings on Summit Hill in Downtown Knoxville. Great bones and opportunity for revitalizing a piece of Knoxville history. Please do not disturb Tenant. Parcel will be re-surveyed and divided during contract period. Buyer to verify square footage. |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Tax ID/APN: | 094EH009 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Summit Hill |
| Total Number of Buildings: | 2 |
| Property Condition: | Fair |
| Year Built: | 1900 |
| Construction/Siding: | Brick |
| Freight Elevators: | 1 |
| Sprinklers: | Wet |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 13,284 | 87,580 | 150,557 |
| Median Age: | 27.15 | 32.36 | 35.1 |
| Households: | 4,938 | 35,671 | 64,401 |
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