Catylist ID: #30811167
Red-Light Corner Property - Single Family Home (Price reduced to $25k)
Retail-Commercial for Sale
|Catylist Listing ID:||30811167|
|Property Subtypes:||Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other|
|Building Size (RSF):||625 SF|
|Gross Land Area:||0.12 Acres|
|Unit Price:||$399.84 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
Price Reduced ****Rare to find hard red-light corner property in Marble City at Sutherland Avenue and Liberty Street. Currently improved with a small house that could be expanded, used for commercial or leased as residential during the interim. The house features 2 beds/1 bath, living room, kitchen, and front and rear covered porches. Currently, the building is used as an office.
Combined average daily traffic counts for Sutherland Avenue and Liberty Street are estimated at 18,571 per day.
New HVAC, exterior and interior paint, and Hardi-board on the gable walls.
Good location to the University of Tennessee, Middlebrook Pike, Kingston Pike and Downtown. Walking distance to Albright Grove Brewing (across the street), River Sports, Gus's Fried Chicken and Backroads Market.
City of Knoxville will be adding sidewalks to Sutherland Avenue and Liberty Street.
|Taxing Authority:||City of Knoxville|
|Zoning:||C-G-2 (GENERAL COMMERCIAL ZONING DISTRICT)|
|Retail Clientele:||General, Business|
|Property Located Between:||Corner of Sutherland Avenue and Liberty Street|
|Largest Nearby Street:||Sutherland Avenue|
|Feet of Frontage:||50|
|Highway Access:||Sutherland Avenue and Liberty Street|
|Airports:||McGee Tyson Airport|
|Site Description:||Corner Lot|
|Area Description:||Mix-Use area with redevelopment, restaurants, retail and older commercial properties.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Exterior Description:||Block Exterior|
|Air Conditioning:||Package Unit|
|Zoning Description:||C-G-2 (General Commercial Zoning District) is intended to provide for a heterogeneous mix of retail, personal service, office, and residential uses within and along Knoxville's commercial nodes and corridors. The C-G District is intended to promote mixed-use development in a pedestrian-oriented environment that recalls the City's traditional business districts, and offers flexibility in the creation of integrated commercial, office and residential spaces. The C-G District is divided into three levels of intensity related to the overall form and design of the development; however, uses are the same across all levels. This zone is intended primarily for indoor commercial uses with limited exceptions per special use approval.|
|Easements Description:||Sidewalks to be installed on a portion of the property - See details in exhibits. This includes a permanent slope easement and a temporary construction easement.|
|Land Ownership:||Fee Simple|
|Proximity:||1 mile||3 miles||5 miles|
David StanleySmartSite Commercial Real Estate KAAR CIE Member
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