LARGE Retail/Office Building Historic Downtown Loudon old BANK
Office
for Sale
| Catylist Listing ID: |
30800837 |
| Property Subtypes: |
Executive Suites, Office Building
|
| Building Size (RSF): |
9,063 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$41 PSF |
| Total Price: |
$371,583 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User, Business |
| Building Name: |
Loudon Business Center |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/19/2022 |
Overview / Comments
Rare opportunity to own a great piece of Historic Downtown Loudon. Once was First National, then BBT, then most recent Malibu leased offices. Currently vacant and ready for new chapter in Loudon. Space perfect for Medical, Lawyer, or many different business uses. Built in 1921 renovated 2019. Open LOT next door perfect for private parking area! Original bank building Vaults and File Room still intact. Safe Door is a beautiful piece of handywork and History. Spaces include 3 office suites, many single office rooms, wide open area great for cubicles, his/her restrooms, break room. 2 conference rooms. 93 ft road frontage off Wharf Street. 121 ft road frontage off Grove with a lot of public parking surrounding the square.
Owner/Agent
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Loudon |
| Taxing Authority: |
City of Loudon |
| Tax ID/APN: |
053041AB01100 |
| Zoning: |
HISTORIC DISTRICT |
| Property Located Between: |
College Street and Wharf Street facing Grove Street Downtown Loudon |
| Property Visibility: |
Excellent |
| Highway Access: |
Directly off the Hwy 11 toward Wharf Street and building right on corner. |
| Airports: |
McGhee Tyson Airport |
| Site Description: |
This listing includes 3 parcels.
041A-B-011.00
041A-B-012.00
041A-B-013.00 |
| Area Description: |
Historic Downtown Loudon, across from the beautiful center water fall, Tic Tok ice cream Parlor, Tommy's restaurant, County Courthouse across the way. Huge growth planned over next few years. Downtown Courthouse construction planned completion 2023. Great investment opportunity! |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
10,000 SF |
| Year Built: |
1921 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick, Brick/Vinyl Siding |
| Parking Description: |
Public parking all around square. 12 space private parking in empty lot included in sale. |
| Heat Type: |
Electricity, Propane |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Inside has finished office space with breakroom, bathrooms, conference rooms. |
| Zoning Description: |
Town of Loudon |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,211 |
10,326 |
30,464 |
| Median Age: |
46 |
44.98 |
43.92 |
| Households: |
888 |
4,098 |
12,401 |
|
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