Callahan Dr. Frontage, Building/Land REDUCED Bring all offers

Retail-Commercial for Sale
Catylist Listing ID: 30315449
Property Subtypes: Free-Standing Building, Vehicle Related
Building Status: Proposed
Building Size (RSF): 5,896 SF
Gross Land Area: 1 Acre
Sale Price: $995,000
Unit Price: $168.76 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 5,896 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/3/2018

Overview / Comments

Great commercial property located on busy Callahan Dr. Sale includes 5891 sq. ft. building. Additional 2.48 acres next door may be purchased at a separate price of $479000. Parking in front and sides of building. Additional spaces for autos in fenced secured area. 36 front spaces with 2 handicapped. Additional areas with secured parking. Large work area for auto repair business. 840 sq. ft. office area featuring a waiting area, receptionist and service counter, men's and women's restrooms as well as an employee bathroom and two private offices. Office features metal stud walls covered with painted gypsum board or painted block wall. Office has florescent lights with 8' ceilings. Metal glass frame entry door. Garage area has ten (10) 10' wide metal roll top doors and two (2) 12' wide metal roll top doors. Exposed concrete floors in shop area. HVAC with gas fired mounted space heaters. Zoned Commercial C-4 - Highway and Arterial Commercial District. Sign in front of property. Level one acre tract with masonry auto service business. Located on busy Callahan Drive which is a 4-lane traffic artery connecting I-75 and Clinton Hwy (U.S. Hwy 25W). Cleared land.
The property is located in the NW City planning sector serviced with restaurants, service stations, banks, professional offices, big box stores and specialty retail shops with a scattering of residential. Lowe's Hobby Lobby, Walmart, Target just a stones throw away. Great opportunity!

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville
Tax ID/APN: 067 25502
Zoning: C-4
Retail Clientele: General, Family, Business
Property Located Between: Keck Rd. Interstate 75
Property Visibility: Excellent
Largest Nearby Street: Callahan Dr - Clinton Hwy
Feet of Frontage: 149
Highway Access: Hwy 75 is close by
Airports: McGee Tyson
Site Description: Level one acre tract with masonry auto service business. Callahan Drive is a 4-lane traffic artery connecting I-75 and Clinton Hwy (U.S. Hwy 25W). Cleared land. Flat to slightly rolling topography.
Area Description: The subject property is located in the NW City planning sector serviced with restaurants, service stations, banks, professional offices, big box stores and specialty retail shops with a scattering of residential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,891 SF
Property Condition: Excellent
Year Built: 2010
Roof Type: Arched
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Masonry with picture window at entrance. Level lot with security fencing. Sign in front of property.
Total Parking Spaces: 45
Parking Type: Surface, Other
Parking Description: Parking in front and sides of building. Additional spaces for autos in fenced secured area. 36 front spaces with 2 handicapped. Additional areas with secured parking.
Heat Type: Natural Gas, Space Heaters
Heat Source: Other
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Large work area for auto repair business. 840 sq. ft. office area featuring a waiting area, receptionist and service counter, men's and women's restrooms as well as an employee bathroom and a private office. Office features metal stud walls covered with painted gypsum board or painted block wall. Office has florescent lights with 8' ceilings. Metal glass frame entry door. Garage area has ten (10) 10' wide metal roll top doors and two (2) 12' wide metal roll top doors. Exposed concrete floors in shop area. HVAC with gas fired mounted space heaters.
Zoning Description: Commercial C-4 Highway and Arterial Commercial District
Lot Frontage: 149
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Parcel #067 25502 Book/Page 200802210062333

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,722 50,765 151,502
Median Age: 33.69 37.15 34.78
Households: 1,853 21,107 61,571

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