Oliver Springs Garage & Fenced Lot

Retail-Commercial for Sale
Catylist Listing ID: 30743164
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 1,520 SF
Gross Building Area: See Agent
Gross Land Area: 0.27 Acres
Sale Price: $185,000
Unit Price: $121.71 PSF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2022

Overview / Comments

The owner’s have decided to retire and offer this property for sale. The property offers road frontage on Midway Dr. This is a .27 acre parcel with an approximately 1,520 square foot building and fenced lot. The building offers a one bay garage or storage area, main office area, kitchen and restroom. The building is being renovated and made ready for a new owner! Entry to the garage bay is via a concrete paved area, making for smooth entry into the bay.
The property offered sits just a minute (or so) off of Highway 61, which runs from Oak Ridge, TN through Oliver Springs, TN. And of course, Highway 61, is on the way to one of East Tennessee’s premier outdoor attractions, also located in Oliver Springs, TN.
This property sits 4.2 miles from 73,000 acres of off-road trails accommodating ATVs, side-by-side vehicles, dirt bikes, mountain bikes and 4x4s. This makes this offering an ideal location for a repair or service shop for any or all of these types of the off-road vehicles mentioned. If you have been considering investing in a location that is close to the largest privately owned riding area for ATVs, side-by-sides, mountain bikes or dirt bikes, is the COUNTY, this is an opportunity not to be missed.
Not into the outdoor recreation areas? This property would lend itself to a contractor needing a small office and laydown yard. Or, anyone in the service industry needing to park trucks behind a locked gate. This is the place you want to see.

Additional Details

Nearest MSA: Knoxville
County: Roane
Tax ID/APN: 001098C B 00900
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1948
Year Renovated: 2021
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,072 15,666 33,857
Median Age: 43.53 41.04 42.23
Households: 1,257 6,473 14,500
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