Retail Business with road frontage on US 411

Retail-Commercial for Sale
Catylist Listing ID: 30210201
Building Size (RSF): 7,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.21 Acres
Sale Price: $899,900
Unit Price: $119.99 PSF
Ceiling: 8 ft.
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/26/2018

Overview / Comments

THIS PROPERTY HAS BEEN REDUCED FROM 1.1 MILLION! LOCATED ON US HWY 411 SOUTH WHERE THE AVERAGE DAILY TRAFFIC COUNTS ARE 24,613-THIS PROPERTY FEATURES 198 FT OF HIGHWAY FRONTAGE ON 1.21 ACRES, AND A 7500 SQ FT BUILDING (THAT INCLUDES A THRIVING RETAIL BUSINESS AND AN INCOME PRODUCING CLIMATE CONTROLLED STORAGE UNIT BUSINESS)! THE CLIMATE-CONTROLLED STORAGE AREA IS 4300 SQ FT & FEATURES 5 DIFFERENT SIZES OF INCOME PRODUCING CLIMATE CONTROLLED STORAGE UNITS. THE RETAIL SIDE OF THE BUILDING FEATURES 3200 SQ FT AND COMES WITH ALL THE FIXTURES AND $40K IN SURVEILLANCE & SECURITY EQUIPMENT. (THE BUILDING, LAND & FIXTURES ARE OFFERED AT THE REDUCED PRICE OF $899,900-BUY THE INVENTORY FOR JUST $100K MORE).THIS TURN-KEY BUSINESS IS READY FOR ITS NEW OWNER. SO MANY POSSIBILITIES HERE-YOU CAN PUT YOUR RETAIL BUSINESS IN THE FRONT PART OF THE BUILDING & KEEP THE CLIMATE CONTROLLED STORAGE FOR ADDITIONAL INCOME (OR) TURN THE ENTIRE 7500 SQ FT INTO YOUR OWN COMMERCIAL BUSINESS (OR) REMOVE THE BUILDING AND BUILD ON THIS 1.21 ACRES (LOCATED IN THE CITY OF MARYVILLE) ON THE HIGH TRAFFIC COUNT US 411S HIGHWAY!

Please contact list agent.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County, TN
Retail Clientele: Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: US Hwy 411
Feet of Frontage: 198
Traffic/Vehicle Count: 24,613
Highway Access: US Hwy 411
Airports: McGhee Tyson - 10 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Year Renovated: 2014
Construction/Siding: Metal Siding
Exterior Description: 1.21 level acreage with parking and lots of road frontage on major US highway and over 24,000 cars per day. This building has great highway visibility with almost 200 ft of road frontage.
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: 40 parking spaces along east side of building.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Highly successful and established retail business of 29 years with renovated restrooms, office, and with climate controlled storage units on a major US Hwy (411) through Maryville that has over 24000 cars average per day.
Zoning Description: Industrial
Lot Frontage: 198 ft
Lot Depth: 266 ft
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: PIN # 078 063.01 - Oleveira Business Park

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,804 25,134 62,362
Median Age: 44 41.93 40.37
Households: 716 9,933 24,553

Contact

Photograph of Listing Agent

Keith Paul

Realty Executive Associates
KAAR CIE Member
© Copyright 2001-2018 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.