2.5 Acres on River. Commercial and Residential
Retail-Commercial
for Sale
| Catylist Listing ID: |
30817360 |
| Property Subtypes: |
Free-Standing Building, Garden Center, Mixed Use, Restaurant, Other
|
| Building Size (RSF): |
7,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.50 Acres
|
| Sale Price: |
$800,000 |
| Unit Price: |
$114.29 PSF |
| Property Use Type: |
Investment, Business |
| Building Name: |
Antique Outlet Mall |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/23/2023 |
Overview / Comments
Commercial and Residential space on 2.5 acres of River front property.
Three (3) residences on site. Two (2) are rented out for $1600 (total) and the 3rd could either be the next owners living space, a managers living space, or added rental income for the next owner. Antique mall generates $4229/month in vendor rent + commissions from any vendor sales. Commercial space is approximately 4400 SF and currently an active Antique Outlet Mall.
Permitted Uses: General retail sales and rental of goods and merchandise; Restaurants; bed and breakfast, office of a physician, dentist, or other similar medical professional; campgrounds; Golf driving ranges, miniature golf courses, and similar uses; Kennels and veterinarian services; Miscellaneous public and semi-public facilities including post offices; Commercial greenhouses; Churches, temples and similar places of worship with accessory structures, uses and cemeteries; Golf courses; Commercial cemeteries not associated with any on-site place of worship; any use permitted or listed as permissible as a special exception in Sections 9.2.A and 9.2.B.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Blount |
| Taxing Authority: |
Blount County |
| Tax ID/APN: |
00506005701 |
| Zoning: |
RAC (RURAL ARTERIAL COMMERCIAL) |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Maryville and Townsend |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Lamar Alexander Parkway |
| Feet of Frontage: |
476 |
| Highway Access: |
Hwy 321, Lamar Alexander Pkwy, Melrose Station Rd, Old Walland Hwy |
| Airports: |
McGhee Tyson: 13 miles |
| Site Description: |
476' River Frontage and Hwy 321 Road Frontage |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1986 |
| Year Renovated: |
1991 |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Heat Type: |
Electricity, Propane |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
RAC (Rural Arterial Commercial) |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
6,647 |
16,095 |
| Median Age: |
45.27 |
45.08 |
| Households: |
2,649 |
6,353 |
|
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