20,000 sq ft Vacant Warehouse - New Roof

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30839114
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 20,835 SF
Gross Land Area: 2.11 Acres
Sale Price: $775,000
Unit Price: $37.20 PSF
Ceiling: 13 ft. / 12 ft. Clear
Docks/Doors: 1 Dock, 3 Doors
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 20,835 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 5/24/2023

Overview / Comments

Prime vacant commercial warehouse with over 20,000 square feet of open space making it ideal for a multitude of uses such as self storage, large workshop, trade shop suites, manufacturing, logistics, distribution center, industrial, repair shop, staging, retail showroom, amusement, entertainment, sports facility, restaurant… there are so many possibilities. Masonry block exterior walls on concrete slab to grade with metal framed structural support to new metal roof. Currently has two roller door loading bays to side of building with loading dock option to rear. Front of warehouse plumbed for restaurant or cafe but easily converted to office, showroom or additional storage or warehouse space. The site has been recently cleared with the building cleaned out as a blank slate ready for a new owner to set up and lay out their business as desired. The parking area has been recently graded with plenty of maneuvering room and parking for larger vehicles. Heavy electricity and natural gas to site with existing sprinkler system and ventilation fan to warehouse space. Only 5 miles from the I-40 on US-321 so quick access to freeways and major city centers. Owner can assist Buyer to build or fit out to suit and may also be able to owner finance. This is a rare opportunity for a commercial building of this size and open space in such an ideal location to become available. Contact the listing broker for more information or to get in and have a look.

Additional Details

Nearest MSA: Newport
County: Cocke
Taxing Authority: Cocke County
Tax ID/APN: 015102 02700
Property Located Between: Padgett Mill Rd and Roy Rd / across street from Cosby Elementary School
Highway Access: 5 miles from I-40 and US-321
Area Description: Located across the street from Cosby Elementary School along Cosby Hwy. Road is well travelled and major cut through between Cosby the I-40 and Gatlinburg.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 20,835 SF
Property Condition: Good
Year Built: 1967
Year Renovated: 2023
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Masonry Block wall - recently painted exterior
Parking Type: Surface
Parking Description: Flat graded yarded / park upwards of 100 vehicles possible. Area large enough for large vehicle maneuvering, RV's, boats, caravans and transport vehicles.
Total Parking Spaces: 100
Column Spacing: 20 ft
Sprinklers: Wet
X-Phase: 3
Heat Type: Electricity
Air Conditioning: Package Unit
Interior Description: Warehouse area of concrete slab on grade with masonry walls. Metal framed support joists to metal roof. 12' clear under roof joists. Approximately 20' Front/back between steel pole column supports for roof structure. Warehouse area has ventilation fan as well as sprinkler system. Water closets plumbed in to warehouse space. Front section used to be food prep area and has exhaust ducting and gas supply as well as male/female toilets. Also with separate entry door.
Zoning Description: Commercial zoned.
Lot Frontage: 250 ft
Lot Depth: 395
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,706 3,641 8,108
Median Age: 42.36 42.17 43.15
Households: 683 1,445 3,301


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