2537 Chapman Hwy

Retail-Commercial for Sale
Catylist Listing ID: 30822698
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 32,622 SF
Sale Price: $4,000,000
Unit Price: $122.62 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2023

Overview / Comments

This property is prime for redevelopment in South Knoxville along the highly traveled Chapman Highway. Just a few minute walk from the newly developed south waterfront apartments, Kern Bakery development, and several fast food restaurants. Most of the current tenants are on short term leases. Please do not disturb current tenants. There is also a billboard lease in place.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 109HA018
Zoning: C-G-3
Total Number of Buildings: 2
Year Built: 1960

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,967 69,254 133,817
Median Age: 24.7 31.4 34.74
Households: 4,591 27,292 56,683

Contact

Photograph of Listing Agent

Bill Beecher, CCIM

SVN I Wood Properties KAAR CIE Member
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