Commercial Building & House within 1 mile of I-40 exit 320

Retail-Commercial for Sale
Catylist Listing ID: 30824382
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 2,356 SF
Gross Building Area: See Agent
Sale Price: $429,000
Unit Price: $182.09 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2022

Overview / Comments

Great Location! Investment Opportunity! This area within 1 mile of I-40 & Buc-ee's is growing fast! A commercial building, a house with a basement, and 2 smaller buildings included in the price. The building has been used as an upholstery shop for many years and was a lawn mower repair shop before that. The upholstery business is not included. With glass windows and door into the front showroom, an overhead door for unloading, 2 restrooms, and room to construct additional parking, this building could serve many different uses in retail or a service type business. The house has 3 bedrooms, Fireplace, 1 1/2 bath and is plumbed for an additional downstairs bathroom. The basement has electricity and is partially finished. The barn style building at back has electricity, a concrete floor, and overhead door. At back is also an additional building/ garage with concrete floor and rolling style doors. New roof on building and the house in 2021.

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018087 07900
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Nashville & Knoxville
Property Visibility: Good
Largest Nearby Street: Genesis Rd.
Feet of Frontage: 209
Highway Access: I-40 is 1 mile
Airports: Knoxville - approx. 1 hour drive, Nashville & Chattanooga approx. 1 1/2 hour
Area Description: Busy, fast growing area with Interstate Drive now in the process of being widened, and the new Buc-ee's just booming. At this location Woodlawn Rd. runs parallel with Interstate Drive, very close by also.
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1962
Roof Type: Gable
Construction/Siding: Block
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Natural Gas, Other
Heat Source: Central, Other
Air Conditioning: Package Unit, Window Unit
Lot Frontage: 209'
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,851 9,671 21,058
Median Age: 29.98 39.5 42.22
Households: 823 4,033 8,731


Photograph of Listing Agent

Angelica Detweiler

EXIT Rocky Top Realty KAAR CIE Member
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