Central Ave Office & 2 Garage Buildings

Office for Sale
Sale Pending/Contingent
Also listed as Vacant Land
Catylist Listing ID: 30843876
Property Subtypes: Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 3,590 SF
Gross Building Area: See Agent
Gross Land Area: 43,141 SF
Sale Price: $495,000
Unit Price: $137.88 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

Incredible location on Central Ave Pike just south of Merchant Drive at I-75 Exit 108. The seller is relocating the established business in July and this property will be available. Highly visible from I-75, the property consists of a 1,394 SF building currently used for office containing 4 offices, kitchen, bathroom and storage space. There is an attic and walk in basement. Additionally, there is a 1,296 SF detached cinder block garage building and a 900 SF detached metal garage building. You will notice the vacant land in pictures that has great potential for improvement/expansion. The parking lot is in excellent condition. The office has a new HVAC from 2021, garage new roof in 2018/2019.

This is a contractor’s dream location and won't last long. Acreage and square footage per public record, needs verification.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $5,386 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068LC01801
Zoning: O
Site Description: Level
Area Description: I-75 Exit 108 Merchants Drive. South on Central Avenue Pike for 2,000 feet. Property on right.
Total Number of Buildings: 3
Year Built: 1920

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 71,409 184,387
Median Age: 35.64 35.49 35.14
Households: 3,514 31,725 77,328

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