ONE OF THE LAST CORNER RETAIL SITES W. MARYVILLE ACROSS FROM WEIGELS
Retail-Commercial
for Sale
| Catylist Listing ID: |
30598404 |
| Property Subtypes: |
Car Wash, Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Building Size (RSF): |
3,120 SF
|
| Sale Price: |
$850,000 |
| Unit Price: |
$272.44 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Ron's Auto Outlet Center |
| Usable Size (USF): |
3,120 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/25/2021 |
Overview / Comments
|
Commercial Site in the highly desirable and expanding business corridor of W. Maryville. 2001 W. Broadway is situated at the corner of Cherokee Heights and Hwy 411. This 2 acre site is compromised of 2 parcels. Parcel 1 is a commercial property containing app. .96 acres offering over 125' of direct road frontage along Hwy 411 and is improved with 2 Two commercial buildings. Building (1) is a professional office building that has nearly 10' ceilings with lots of natural light creating a great work environment for your company or future Tenant or occupants. This great work space currently houses sales and administrative offices. Directly adjacent to the professional office is a 3-bay industrial building serviced by 3 drive-in doors. This property is compatible for an owner occupant or for an investor looking for the purchase of a highly desirable flex product that would accommodate and appeal to a large variety of users. It also would continue to be a great site for vehicle and related services due to the success the current owner has achieved during their operating history here. The paved area and vast parking field would also be great template for restaurant, retail, garden, landscaping, home improvement, general contractor and other small or mid sized service businesses.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Blount |
| Taxing Authority: |
City of Maryville |
| Tax ID/APN: |
005068G C 01900 |
| Zoning: |
HIGHWAY COMMERCIAL |
| Retail Clientele: |
General, Business, Recreation, Other |
| Property Located Between: |
Foothills Malls Drive and William Blount Drive |
| Largest Nearby Street: |
Hwy 411 W. Broadway |
| Feet of Frontage: |
125 |
| Highway Access: |
onto 411 via Cherokee Heights Dr. |
| Airports: |
McGhee Tyson only 10 minutes away |
| Site Description: |
.96 acre commercial site situated at Road grade at the corner of Cherokee Heights Drive and W. Broadway. Parcel 2 has approximately 395 feet of road frontage w 150 feet of depth great for residential development duplex or other |
| Area Description: |
West Broadway near the brand new Food City and other new retailers. This site is situated among the areas leading retailers and competition for sites in the submarket is high as businesses located here are experiencing higher than normal sales volumes. Neighbors include Dairy Queen, Weigels, Veterinarian, Cosmetic Dentistry, New In Line Retail Broadway Plaza, Brand new Food City just opened and Pure Magic Car Wash is actively completing a $3M project for a conveyor high tech car wash. Wendy's just purchased a 1.5 acre parcel for App. $900K per acre with other offerings being over $1M per site. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,850 |
35,995 |
67,237 |
| Median Age: |
41.39 |
39.83 |
40.4 |
| Households: |
2,620 |
14,143 |
26,838 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
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