MULTI-USE GARAGE / MINI WAREHOUSE ON 0.65 AC

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30822930
Property Subtypes: Free-Standing Building, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 2,886 SF
Gross Building Area: See Agent
Gross Land Area: 0.65 Acres
Sale Price: $279,900
Unit Price: $96.99 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

This property is Knox County zoned CA (General Business) and had been rented to a mechanic shop. It features 2 separate bays with 2 drive-in doors. The larger of the 2 bays features a 12-foot drive-in door with small office in the front. The second smaller bay features an 8-foot drive-in door. There is a separate room in the building that could be used for another office, storage or workshop space. The property sits on 3 parcels, so there is a side yard that could be utilized for extra parking. Frontage is on Old Rutledge Pike near Stower's Machinery and Caterpillar Sales. 3.2 miles from the interstate. Easy access from both I-40 and I-640.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $375.66 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 060LB027
Zoning: CA
Feet of Frontage: 158
Area Description: From I-40, take Exit 392 and merge onto US-11W N/Rutledge Pike. Continue for 2.1 miles. Turn right onto Old Rutledge Pike and continue for 1.2 miles. The property will be on the left.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Fair
Year Built: 1960
Parking Type: Surface
Lot Frontage: 158

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,782 18,342 83,848
Median Age: 37.62 42.29 39.64
Households: 700 7,742 35,550
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