Commercial/Residential in Powell

Retail-Commercial for Sale
Also listed as Hospitality, Office
Catylist Listing ID: 30804206
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 2,200 SF
Gross Building Area: See Agent
Gross Land Area: 0.83 Acres
Sale Price: $599,000
Unit Price: $272.27 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2022

Overview / Comments

Bring your developers and ideas to this historic home with second parcel in
CA zoning, allowing commercial and residential use. Consider adding
duplexes to back lot and leasing out the historic home as office or coworking
space; coffee house; catering; small event space.

Call for details.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $2,505 (Annual)
Tax Value Land $51,800
Tax Value Improvements $256,000

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 056KC005,056KC006
Zoning: CA
Feet of Frontage: 304
Site Description: Suburban Knoxville
Area Description: I-75 to TN 131-S/E Emory Rd Exit. Travel South onto Emory Rd. Slight right onto Spring St to property.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1920
Year Renovated: 2013
Roof Type: Other
Construction/Siding: Wood Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Historic Home
Lot Frontage: 304
Lot Depth: 177

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,890 42,384 115,632
Median Age: 36.51 38.28 36.76
Households: 2,923 17,141 47,109

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