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.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 00506005701
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)

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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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