The Mews II - Downtown Opportunity Zone Commercial Space

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30565561
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Sale Price: $700,000
Unit Price: $175 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: The Mews II
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/29/2020

Overview / Comments

This 4000 SF opportunity zone commercial space makes up the ground floor of The Mews II, a luxurious condo development just completed in 2019. The Mews is centrally located just north of downtown Knoxville between Old Magnolia Ave and W Depot Ave. This space is within walking distance to several new residential and commercial developments. This property gives a buyer the rare opportunity to own commercial space in downtown Knoxville. The space is currently a shell and can be finished out to suit the needs of every buyer. The space can be finished out by the buyer or the developer, at an additional cost. A grease trap can be installed to suit the needs of any type of restaurant. Ample free parking directly across the street underneath interstate I-40 makes this space easily accessible. The storefront will soon be installed which will feature large windows with masonry brick at the base of the interior and exterior.

• New Construction in Opportunity Zone
• Ample Free Parking
• High Ceilings
• Abundant Natural Light

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 094EF011
Zoning: DK-W
Property Visibility: Excellent
Feet of Frontage: 74
Year Built: 2019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,468 89,401 148,885
Median Age: 29.9 32.42 35.04
Households: 5,482 36,506 63,576

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