2 Buildings at 5,420 sqft on 3.44 Acres Plus Billboard Sign Income

Retail-Commercial for Sale
Catylist Listing ID: 30835449
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related
Building Size (RSF): 5,420 SF
Gross Building Area: See Agent
Sale Price: $499,900
Unit Price: $92.23 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 3/27/2023

Overview / Comments

Room to GROW with 2 Buildings on 3.44 acres with Several Possibilities including 592' of road frontage. Owner will subdivide and sell a 1 acre lot of this property also. Current Tenant has been there since 2012 and is now on a month to month lease but tenant wants to stay on and will sign another Lease for 3 years or negotiable. One 1920sqft. Building was previously used as a car lot with paint and body shop with 2 working bays and one separate bay used for painting plus office, bathroom, storage room and shed off the back of building. Building 2 is 3,500sqft. with office, bathroom and large open shop with steel I-beam over headed for crane. Also Billboard Sign income is included with this property.

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 06206710200
Zoning: C-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: 411 Highway
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 2001
Parking Type: Surface
Zoning Description: c-3
Lot Frontage: 592
Water Service: Municipal
Sewer Type: Septic
Easements: Electric Lines

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,019 7,302 17,640
Median Age: 40.49 39.89 40.13
Households: 873 2,930 6,932

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