Commercial Multi-Use Building

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30812752
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,220 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $134.68 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/1/2022

Overview / Comments

Don't miss this opportunity to own a MULTI-USE building zoned "COMMERCIAL" with an excellent location. SO MANY POSSIBILITIES!! This .799 acres of Swanns Woods has ease of access to Douglas Lake, Downtown Dandridge, I-40/Exit 417, Hwy 92 S/Meeting Street and Hwy 25/70 (10 miles from Sevier Co Exit 407). Peyton Drive connects you to this properties paved driveway and parking, surrounded by trees and privacy (Fain Subdivision is behind this property).

DIRECTIONS: Take I-40 Exit 417, head South 92 to Dandridge, travel 2 miles and turn left onto Peyton Drive. (Street Sign between First Horizon Bank and Family Dollar). This is the only building with a Peyton Drive address and it is just across from Food City, Sonic, Pizza Plus, etc...

Current Tenants

Tenant Business Name Independent Contractors - NO Lease
Is Renting? Yes
Options Live on one side and rent the other! This structure is actually 2 buildings attached. The original steel building on slab from 1979 has served as a Utility Office, Tile Business & Offices with apartment (back patio poured in 1999). The front stick built was constructed in 2004 with crawl space & attic and has served as a salon/day spa since. Currently, there are independent contractors renting weekly space. Live on one side and rent the other! There is a Commons Area in the middle- 2 HVAC systems, 2 breaker boxes, 2 water heaters, 2 bathrooms, laundry, shower, etc...So many possibilities! Some furniture negotiable
Tenant Notes The front stick built was constructed in 2004 with crawl space & attic and has served as a salon/day spa since. Currently, there are 5 independent contractors renting weekly space for $75. each.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 045068JA00900
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: Meeting Street
Highway Access: This .799 acres of Swanns Woods has ease of access to Douglas Lake, Downtown Dandridge, I-40/Exit 417, Hwy 92 S/Meeting Street and Hwy 25/70 (10 miles from Sevier Co Exit 407)
Airports: Morristown Regional Airport and McGhee Tyson Airport
Area Description: Dandridge is a town in and the county seat of Jefferson County, Tennessee, United States. Seasonal TVA Douglas Lake attracts many to the area for water sports, boating, and fishing. The Great Smoky Mt Views are amazing! It had a population of 3,344 at the 2020 census, however many have moved to the area seeking that small town charm with an outstanding location in East TN. Dandridge is part of the Morristown, Tennessee Metropolitan Statistical Area, which consists of Jefferson, Hamblen, and Grainger counties. Wikipedia
Tenancy: Multiple Tenants
Number of Stories: 1
Typical SF / Floor: 2,220 SF
Year Built: 1979
Year Renovated: 2004
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame, Wood Frame
Exterior Description: The original building in the back is Steel, Metal roof and siding with concrete slab erected in 1979. The front building section was stick built in 2004 with attic and crawlspace access, metal roof and siding.
Parking Type: Surface, Other
Parking Description: Paved Parking with handicap space at the main door. Gravel parking in front and rear of building.
Heat Type: Electricity, Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit, Other
Internet Access: Cable, Fiber Optic
Interior Description: The interior has evolved to 12 individual rooms, 2 baths, 1 shower, 1plumbed shower space. The buildings load is on the outside walls and the interior walls have been moved and/or built depending on Independent Contractor needs. Center Breezeway has door entrances to original 1979 building and separate doors to the 2004 building.
Zoning Description: Commercial, Swanns Woods, and adjacent to Fain Subdivision
Lot Frontage: 110
Lot Depth: 265
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Land Ownership: Fee Simple
Legal Description: 110 Peyton Drive Dandridge, TN 37725

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,823 7,196 14,678
Median Age: 36.52 43.56 43.49
Households: 572 2,771 5,789

Contact

Photograph of Listing Agent

Linda Slone

SL1 Realty KAAR CIE Member
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