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: $779,000
Unit Price: $249.68 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: 4/15/2021

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.
Lot capacity up to 100 cars.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Maryville
Tax ID/APN: 005068G C 01900
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

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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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