Magnolia Corridor Warehouse For Sale
Also listed as Retail-Commercial
|Catylist Listing ID:
Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution
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|In Opportunity Zone?
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||Cash to Seller
Overview / Comments
Magnolia Corridor Redevelopment or Renovation – former Travis Meats packing facility with 4 huge walk-in coolers and large refrigerated loading area, hydraulic elevator to lower floor, large Frick ammonia refrigeration machine - all non-operational. Building has ceramic tile walls from floor to ceiling, entire building is concrete including concrete double T roof system, with offices and baths on lower level.
Property has direct access I-40 from Hall of Fame Blvd – the gateway to downtown - Close proximity to Old City, with recent strong investments made in the immediate area including the former Dick Wright Hardware now Marc Nelson Denim, Fireproof Storage, Harris Distributing awaiting development, Graining Paint, Knoxville Opera and Last Days of Autumn Brewery.
711 E. Depot is ideal for many commercial uses – or combine with other properties listed and re-develop.
Hot growing area! Possible Opportunity Zone tax incentives and New Market Tax Credits - TIF's could be available.
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|Real Estate Taxes - Annual($)
||I-40 East or West through downtown Knoxville, take Hall of Fame Exit south .5mi to Magnolia, left then immediately right just past Graning paint on Randolph, then one block to E Depot, left to property on left.
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