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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
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