Commercial Building with High Traffic

Retail-Commercial for Sale
Catylist Listing ID: 30736794
Property Subtypes: Mixed Use
Building Size (RSF): 16,400 SF
Gross Land Area: 4.98 Acres
Sale Price: $710,000
Unit Price: $43.29 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

Commercial Building with high Traffic and great visibility. Location offers 5 tenant spaces and is situated on 4.98 acres with fenced area and barn(potential of $10,000 per month in income). Suite 1 (left) section is shown to offer approximately 3,580 square feet with open retail area, two restrooms and storage area. Suite 1 feature drop ceiling, vinyl tile floor coverings, drywall and wood panel walls. Suite 2 offers approximately 5,515 square feet of area with more basic finishes to include concrete floors, open shop area with exposed insulated walls and ceilings. Suite 2 offers a restroom and rear enclosed shop area. Suite 3 offers approximately 1,706 square feet of area with open retail, office and restroom. Suite 3 features drop ceiling , vinyl tile floors and drywall walls. Finishes in suite 4 include painted concrete and tile floors, drop ceiling and drywall walls. Suite 5 consists of approximately 2,700 square feet with open retail area, office and restroom Suite 5 offers drop ceiling, concrete floors and drywall walls. There is approximately 1,619 square feet of covered storage at the rear.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 032 01701
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Rutlege PIke
Feet of Frontage: 316
Highway Access: From Knox I-40 West to left on Rutledge Pike. Approx. 10 miles to property on the left. S.O.P.
Airports: McGhee Tyson Airport- Knoxville
Area Description: Central business area. Industrial area. Outside of city. Strip Retail.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Year Built: 1950
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Brick and metal.
Water Service: Municipal
Sewer Type: Septic
Easements: Other
Easements Description: Driveway

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,549 19,285
Median Age: 41.99 41.33
Households: 3,426 7,628


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