CLINTON HWY – MIXED USE

Retail-Commercial for Sale
Also listed as Multi-Family, Special Purpose
Catylist Listing ID: 30241867
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,365 SF
Gross Building Area: See Agent
Gross Land Area: 5.23 Acres
Sale Price: $540,000
Unit Price: $228.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2018

Overview / Comments

Dual zoning opportunity on Clinton Hwy. Minutes away both directions from interstates, restaurants, shopping, etc. The front is zoned C-3 and the back is zoned RB, which leaves it open for several possibilities. The house on property was originally built for a showroom and was converted to a rental. Great for retail up front, apartments, mobile home or any type of multi-family development in the back. The original parcel included part of the mobile home next door with an easement to the park on this property.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,789 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 0681B00101
Zoning: C-3 / RB
Area Description: I-640 to Clinton Hwy, 25W, toward Clinton. Sign on right.
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1998
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Heat Source: Central
Air Conditioning: Other
Easements Description: Entrance to mobile home park next door.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,562 59,227 155,387
Median Age: 37.1 36.02 34.66
Households: 3,105 24,955 63,716
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