Central and Inskip Community Barrel Roof Warehouse with Acreage

Industrial for Sale
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 30708292
Property Subtypes: Flex Space, Free-Standing, Office Showroom, Warehouse/Distribution
Building Size (RSF): 3,910 SF
Gross Building Area: See Agent
Gross Land Area: 0.99 Acres
Sale Price: $499,900
Unit Price: $127.85 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/4/2021

Overview / Comments

Just off the signalized hard corner of Central and Inskip and less than a mile from Merchants Rd and I-75 with 280’ of frontage on Inskip Dr. Unique industrial warehouse relic with nearly 1 acre of land. The building has 3,910 SF with large barrel roof steel trusses with exposed wood plank ceiling. 12' height clearance to the bottom of the trusses creating wide open clear span space throughout. The building has 2 small offices and 2 bathrooms. With creative vision, a basic restoration could easily be re-imagined as a charming bistro restaurant/salon/boutique. C-N zoning offers many commercial uses, and the Inskip Community area could also support multifamily. Large gravel parking lot. See Survey attached.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $2,227 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 068LG003
Zoning: C-N
Site Description: Level
Area Description: Get onto I-40 E/I-75 N Continue onto I-40 E/I-75 N. Take I-640 E to Merchant Dr. Take Exit 108 from I-75 N. Take Central Ave Pike to E Inskip Dr. Property is on the corner and fronting E Inskip Dr.
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1940

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 70,438 180,432
Median Age: 35.64 36.01 34.87
Households: 3,514 31,186 75,659
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