Sweetwater Medical/Office Opportunity $125,000 below recent Appraisal!

Office for Sale
Catylist Listing ID: 30381009
Property Subtypes: Executive Suites, High-Tech, Institutional, Medical, Flex Space, Office Building, Research & Development
Building Size (RSF): 4,187 SF
Gross Land Area: 0.53 Acres
Sale Price: $295,000
Unit Price: $70.46 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 3/29/2020

Overview / Comments

JUST REDUCED AGAIN! PRICED $125,000 BELOW RECENT $410,000 APPRAISAL. At $70/sq ft, this price is way below replacement costs but Seller says sell! Attractive One Level Office Building perfect for owner user with eleven offices plus two conference rooms. This flexible floor plan lends itself to shared office suite co-op, attorney offices, title companies, or medical and dental usage. Located in a planned community, just off Highway 68 and minutes from I-75, this property offers easy park at the door entrances, community tennis, pool, meeting hall and gymnasium.
Also, see attached floorplan and survey.

Additional Details

Nearest MSA: Knoxville
County: Monroe
Submarket Type: Suburban
Taxing Authority: Monroe County
Tax ID/APN: 023O A 002.00
Property Visibility: Fair
Highway Access: I-75 2 miles Hwy 11 .95 miles Hwy 68 .25 mile
Airports: McGhee Tyson
Site Description: Level
Area Description: Located within the city limits of Sweetwater, inside Willowcreek Subdivision which is an active adult lifestyle community featuring a community center, pool, tennis courts, walking trails & a variety of home styles including townhomes, villas & single family detached homes.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,187 SF
Year Built: 2006
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Total Parking Spaces: 15
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Interior Description: 11 offices, reception area, Kitchen, 2 restrooms, file room and storage-supply room.
Part of Planned Development?: Yes
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,204 6,861 14,168
Median Age: 42.37 42.44 41.16
Households: 503 2,789 5,629
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