North Knoxville Office Building for Sale

Office for Sale
Catylist Listing ID: 30825899
Property Subtypes: Office Building
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 19,302 SF
Sale Price: $850,000
Unit Price: $106.25 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/6/2023

Overview / Comments

This two story, 8,000 SF office building is a prime investment opportunity in the north Knoxville market. It is partially leased at present, allowing room for an owner occupant if desired.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068OB009
Zoning: C-H-1
Property Visibility: Excellent
Highway Access: The property is located on Hwy 25/Clinton Hwy
Airports: Less than 30 min to McGhee Tyson
Site Description: This site is entirely paved with 95' of frontage of Clinton Hwy.
Area Description: This north Knoxville property is located just down Clinton Highway from the Knoxville Expo Center and five minutes from major retailers including Kroger, Target, Walmart, and Hobby Lobby.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Year Built: 1972
Parking Type: Surface
Parking Description: The paved parking lot wraps around the building providing spaces to both first and second floor offices.
Total Parking Spaces: 31
Interior Description: This building is split into eight suites, four on each floor. Two top floor suites have Clinton Highway visibility in addition to street facing windows, making them ideal office or retail locations. Each floor has three shared restrooms and shared corridor access.
Zoning Description: C-H-1
Lot Frontage: 95'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,854 63,857 175,062
Median Age: 37.94 34.94 34.87
Households: 2,908 26,986 73,048

Contact

Photograph of Listing Agent

Hank Holleman

Avison Young KAAR CIE Member
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