6,000 sq ft of Downtown Building/Warehouse/Office Space

Special Purpose for Sale
Catylist Listing ID: 30823416
Building Size (RSF): 6,000 SF
Gross Land Area: 0.44 Acres
Sale Price: $349,900
Property Use Type: Vacant/Owner-User
Usable Size (USF): 6,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2022

Overview / Comments

Located in downtown Madisonville city limits. Currently used as a boxing club. This 6,000 square foot building/warehouse has so much potential. It has one large loading dock, multiple insulated offices, extra storage, concession stand (could be a kitchen area), and his and her single bathrooms. The main open area is approximately 5,000 sq ft , with spray insulation, newly painted, concrete floors, 3 central heating and air units (work but needs duct installed), and 2 heaters.

Additional Details

Nearest MSA: Athens
County: Monroe
Taxing Authority: Monroe County
Tax ID/APN: 062067DA01100
Zoning: M1
Property Located Between: Knoxville and Chattanooga
Property Visibility: Excellent
Largest Nearby Street: Highway 411
Feet of Frontage: 226
Traffic/Vehicle Count: 16,617
Highway Access: Highway 411, Highway 68, Interstate 75
Airports: McGhee Tyson Airport - 31.7 Miles, Atlanta Airport -160 Miles
Site Description: Lot size .44 acre, gravel parking, neighbors railroad track, close to the county court house, located in downtown Madisonville
Area Description: Madisonville, the county seat of Monroe County, Tennessee! Madisonville is situated in the center of a rural county.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,000 SF
Property Condition: Good
Year Built: 1960
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Other
Parking Description: Joint use parking easement over and upon the property identified as Tract III in deed. Said easement shall be for the reasonable use by the owner and patrons of the above listed property. These shall be permanent and shall ''run with the land''.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Wall Units
Air Conditioning: Package Unit
Internet Access: Cable, Fiber Optic
Interior Description: Currently used as a boxing club. This 6,000 square foot building/warehouse has so much potential. It has one large loading dock, multiple insulated offices, extra storage, concession stand (could be a kitchen area), and his and her single bathrooms. The main open area is approximately 5,000 sq ft , with spray insulation, newly painted, concrete floors, 3 central heating and air units (work but needs duct installed), and 2 heaters.
Zoning Description: M 1- commercial, manufacturing, and industrial uses
Lot Frontage: approximately 226 feet
Lot Depth: approximately 127 feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Joint use parking easement over and upon the property identified as Tract III in deed. Said easement shall be for the reasonable use by the owner and patrons of the above listed property. These shall be permanent and shall ''run with the land''.
Land Ownership: Owned
Legal Description: Map 067D A Parcel 011.00, .44 acres, Latitude/Longitude 35.520328┬░/-84.365781┬░

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,746 4,967 19,136
Median Age: 38.5 39.51 40.03
Households: 1,515 2,011 7,509
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