400 W Broadway St

Industrial for Sale
Catylist Listing ID: 30834905
Property Subtypes: Flex Space, Light Industrial
Building Size (RSF): 7,000 SF
Gross Building Area: See Agent
Sale Price: $365,000
Unit Price: $52.14 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2023

Overview / Comments

Rare opportunity to own flex property in Lenoir City
Over 50 feet frontage on Broadway / Highway 11
C-3 zoning allows for service repair, auto garage
High traffic corridor with 10,084 vehicles per day
Average HH income over $100k in 10-mile radius
Additional office structure, enclosed garage
attachment, and fenced yard space also included
Occupied by church and antique store on monthto-month leases and willing to stay
Two 5-ton HVAC units installed in 2009 for back
One 5-ton HVAC & train installed in 2015 for front

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053020NK04100
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1945
Zoning Description: C-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,385 14,876 35,604
Median Age: 31.21 37.29 43.82
Households: 1,990 5,750 14,236

Contact

Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
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