3509 Western Ave

Retail-Commercial for Sale
Catylist Listing ID: 30705452
Property Subtypes: Convenience Store, Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 3,022 SF
Gross Building Area: See Agent
Gross Land Area: 9,236 SF
Sale Price: $269,900
Unit Price: $89.31 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/2/2021

Overview / Comments

Great opportunity to own an income producing retail center on Western Ave. Both units are leased out and are currently on month to month leases. Zoned C-G-1 allows for many retail, commercial, and entertainment uses.

Please do not disturb tenants.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 093DH036
Zoning: C-G-1
Retail Clientele: General, Business
Property Located Between: Western Ave and Pleasant Ridge Road
Property Visibility: Good
Largest Nearby Street: Western Ave
Feet of Frontage: 104
Traffic/Vehicle Count: 15,968
Highway Access: 640
Area Description: Dense Retail area. Surrounded by a dense population. Minutes from I640.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1984
Roof Type: Arched
Construction/Siding: Block, Concrete
Parking Type: Surface
Parking Description: 12 parking spots
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Zoning Description: C-G-1
Lot Frontage: 104
Lot Depth: 83
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,250 84,419 186,969
Median Age: 29.27 31.76 34.78
Households: 3,052 34,745 80,491

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