2 Door Auto Shop w/ apartment

Industrial for Sale
Catylist Listing ID: 30833379
Property Subtypes: Free-Standing, Light Industrial, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 2,300 SF
Gross Land Area: 8,904 SF
Sale Price: $399,000
Unit Price: $173.48 PSF
Ceiling: 12 ft.
Docks/Doors: 2 Doors
Office SF: 100 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 3/9/2023

Overview / Comments

Two bay auto shop with two - 2 pole lifts in place and various other pieces of equipment to help with getting your own shop open! Property is being sold with equipment. List is available as a document or in an Easy Offer Folder. Almost perfectly positioned just off Gov. John Sevier Hwy and Chapman Hwy as well as being close to exit 398 on I-40. Great corner location makes it easy to get in and out.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 124MB008
Zoning: CA
Property Located Between: Chapman Hwy & I-40
Highway Access: Gov. John Sevier Hwy-1 block, Chapman Hwy-less than a mile, I-40-9.5 miles
Airports: McGhee Tyson
Site Description: Paved corner lot, with RV carport, shop & apartment
Area Description: Just off Gov. John Sevier Hwy
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,000 SF
Property Condition: Average
Year Built: 1950
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Painted masonry
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking surface
Total Parking Spaces: 8
Eave Height: 12
Overhead Cranes: Undisclosed
Sprinklers: None
Volts: 220
X-Phase: Single phase
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Other
Lighting: Fluorescent
Interior Description: Apartment has been updated, shop is typical auto shop with an office and bathroom. 2 Auto lifts, tire balancer, tire changer, brake lathe, tall jack stands, office desk & chair.
Zoning Description: Commercial zoned - CA
Lot Frontage: 189 feet
Lot Depth: 75 feet
Water Service: Municipal
Sewer Type: Municipal
Easements Description: NONE
Land Ownership: Owned
Legal Description: BEGINNING at an iron rod new marking the point of intersection of the southern right of way line of Old Sevierville Pike with the western right of way line of Kimberlin Heights Road; thence from said beginning point and with the western right of way line of Kimberlin Heights Road, South 12 deg. 49 min. 43 sec. West, 134.50 feet to an iron rod new, corner to property now or formerly belonging to Fayne Henry (Plat Cabinet O, Slide 241-D); thence with the line of Henry, North 68 deg. 21 min. 06 sec. West 78.16 feet to an iron rod new, thence continuing with Henry, North 17deg. 15 min. 00 sec. East, 48.36 feet to an iron rod new; corner to property nor or formerly belonging to Elaine Nesmith(Instrument No. 200007260005807); thence with the line of Nesmith the following (6) calls and distances: (1) North 17 deg. 23 min. 56 sec. East, 22.35; (2) South 69 deg. 05 min. 42 sec. East 2.10 feet to a point; (3) North 20 deg. 54 min. 18 sec. East, 10.75 feet to a point (4) South 69 deg. 05 min. 42 sec. East 1.40 feet to a point; (5) North 20 deg. 34 min. 00 sec. East, 30.58 feet to a point; and North 17 deg. 42 min. 39 sec. East 26.21 feet to a point in the southern right of way line of Old Sevierville Pike; thence with said right of way, South 63 deg. 36 min 32 sec. East 62.03 feet to an iron rod new, the point of BEGINNING, according to the survey of Gary L. Roth, JR. RLS #2051, whose address is Kern Road, Knoxville, TN dated 18, 2005, Drawing No. 05-079.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,379 11,891 55,151
Median Age: 45.89 42.34 38.56
Households: 612 5,035 23,408

Contact

Photograph of Listing Agent

Ron Hill

Realty Executives Associates
KAAR CIE Member
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