Chapman Hwy Office / Retail

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30319778
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,186 SF
Gross Building Area: See Agent
Gross Land Area: 0.44 Acres
Sale Price: $150,000
Unit Price: $20.87 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

Great location and very attractively priced at only $20.87/SF. The property will need a full renovation; however, once completed would be a great location for retail and office use.

All dimensions taken from public records, buyer to verify.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,140 (Annual)
Tax Value Land $98,400
Tax Value Improvements $36,000
Tax Value Personal Property $0
Assessed Value - Total($) $134,400 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 137 330
Zoning: CA
Feet of Frontage: 366
Site Description: Two buildings with access and space level with Chapman Hwy, as well as, additional basement space with access off of Tipton Station.
Area Description: Great location minutes from the South Knox Waterfront. Chapman Hwy to approximately one mile south of John Sevier Hwy on the right.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Poor
Year Built: 1945
Year Renovated: 1975
Exterior Description: Needs extensive renovation.
Parking Type: Surface
Interior Description: Needs extensive renovation.
Lot Frontage: 366
Lot Depth: 110

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,379 13,890 49,644
Median Age: 45.89 42.22 38.69
Households: 612 5,703 20,796
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