111 W Broadway Ave, Suite A
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Overview / Comments
111 W Broadway Ave. is located in the heart of downtown Maryville, TN and has been well known in the community since the early 1900's. Formerly the property was home to Roses Department Store, and more recently known as Tommy Covington Music Center that proved very successful for over 5 decades. Currently the property is being operated as a public event venue.
111 W Broadway Ave. - Suite A is a loft space accessible through a newly restored historic storefront. The space has been fully renovated with brick & plaster walls, hardwood floors, tall ceilings, new wiring, plumbing and HVAC. The entire building has a wet sprinkler system, which is monitored 24/7. This space is ready to use or lease as is or for build out for residential, open office, retail or event venue. Ample free public parking is available at street level directly across the street on Broadway in the public parking garage. The space consists of 1,807 square feet. Owner is proposing to sell this level of the building as condominium space. This level is currently leased, so it will provide investment income for a purchaser. There is good potential for a walkout rooftop patio to be developed on this level. There is currently one bathroom on this level, but plumbing has been roughed in to add a 2nd bathroom.
The entire 111 W Broadway Ave property (all 3 levels) is for sale for $899,000 for a total of 5,860 SF. The offer herein to sell individual levels as condominium suites, is subject to corresponding sale of the other 2 levels of the building. Owner will set up the condominium structure prior to sale.
||Central Business District
||City of Maryville and Blount County
||005057D D 02100
||Free parking in public parking garage across the street.
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