Office for Sale on Essary Road next to Central High School

Office for Sale
Catylist Listing ID: 30474692
Property Subtypes: Office Building
Building Size (RSF): 6,482 SF
Gross Building Area: See Agent
Gross Land Area: 0.89 Acres
Sale Price: $599,000
Unit Price: $92.41 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/26/2019

Overview / Comments

Great location close to the middle of Fountain City and next to Central High School. The property has been well-maintained and consists of two buildings on one parcel totaling 6,482 SF. The smaller building has approximately 2,788 SF with reception/waiting room, file room, conference room, 10 offices, 2 bathrooms and a kitchen/break room. Larger building has approximately 3,694 SF with a larger reception/waiting room, conference room, 11 offices, 3 bathrooms and a kitchen/break room. Each building has 2 HVAC units and a total of 40 parking spaces.

Co-listed with Greg McKay.

All measurements should be verified by purchaser.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,615 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 058EA002
Zoning: O-1
Site Description: Level
Area Description: Broadway north to right on Essary Road to property on the left.
Total Number of Buildings: 2
Year Built: 1950
Parking Ratio: 6 (per 1000 SF)
Total Parking Spaces: 40
Lot Frontage: 222

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,132 59,465 145,096
Median Age: 40.68 38.55 37.67
Households: 4,214 26,447 61,878
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