Service Garage - Prime Location!

Industrial for Sale
Catylist Listing ID: 30751947
Building Size (RSF): 5,495 SF
Gross Building Area: See Agent
Sale Price: $1,495,000
Unit Price: $272.07 PSF
Property Use Type: Vacant/Owner-User
Building Name: Rapid Lube
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2022

Overview / Comments

Prime business with multiple buildings for a combined 7000 sf of indoor work space with a double lot (0.8 acres) in a PRIME Jefferson City location. With just under 5,500sf of combination space (office/retail/auto service) plus and an additional 1505sf of warehouse/storage/work space below the Rapid Lube main deck, this property is a multifaceted business investment opportunity. The right side features a Rapid Lube business (3010sf bldg) with 2 lanes and an under-the-deck work station and storage, with all it's current inventory and equipment to convey (see attached docs); in the back is a 3-bay garage with an additional 880sf auto-mechanic's shop. A recent $5K computer system upgrade will help keep you and your inventory organized. Apprx 10 years of positive business. The left side building hosts an additional 3110sf of office and retail space which currently houses two additional businesses. Apprx 18 years of positive business. With a new $20,000 digital sign out front beside the highway, advertising will be a breeze. One block from Walmart with a 2021 TDOT traffic county of approximately 21,000 vehicles daily, this property can generate long-term capital with solid consistency. With a 18-year profitable business record at this location, this is a one of a kind investment opportunity which is primed and fully operational, ready for someone to walk-in and take over for the current owner

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 045024B C 00200
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,579 13,787 27,140
Median Age: 27.19 35.69 39.19
Households: 882 5,163 10,379

Contact

Photograph of Listing Agent

Terry Ball

Re/Max Real Estate Ten
KAAR CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.