Catylist ID: #30573287
Chapman Highway Salvage Yard + Repair Shop
Retail-Commercial for SaleAlso listed as Multi-Family
|Catylist Listing ID:||30573287|
|Property Subtypes:||Free-Standing Building, Garden Center, Mixed Use, Service Station/Gas Station, Street Retail, Vehicle Related, Other|
|Building Size (RSF):||8,546 SF|
|Gross Land Area:||3.98 Acres|
|Unit Price:||$152.12 PSF|
|Property Use Type:||Investment, Business|
|Building Name:||Chapman Enterprises|
|Sale Terms:||Cash to Seller|
Overview / Comments
For sale is a well-established and profitable salvage yard and auto repair shop on 3.48 acres on Chapman Highway, just south of John Sevier Highway. Perfect for redevelopment, or continue to operate as is.
Two businesses are located on this property. One, Chapman Enterprises, is owned by the seller. The other, Steve's Service Center, is a tenant.
The 3.98 acre property is zoned CB. The building occupied by Chapman Enterprises was originally constructed in 1975 and is approximately 4,000 sq ft. The business is a salvage yard and a full-service auto repair shop. The sale price includes the real estate and fixtures to be agreed upon. The seller is willing to negotiate additional terms for the sale of the business, including, potentially: licenses (Motor Vehicle Dismantler/Recycler and Motor Vehicle Dealer); certain trade fixtures; and inventory.
The building occupied by Steve's Service Center was built in 1950. It's actually two buildings, one a service garage (2,786 sq ft) and the other a two story building that mostly serves as warehouse space.
This parcel adjoins another one to the east (8110 Chapman Highway) that is larger (8.72 acres) and can be purchased to assemble a building site for a larger development project. 8110 is zoned PC (Planned Commercial), and has three income-producing residential rental properties sited on it, and a planned income-producing cell tower.
|Taxing Authority:||Knox County TN|
|Tax ID/APN:||002066 02300|
|Largest Nearby Street:||Kimberlin Heights + Tipton Station + Hendron Chapel|
|Feet of Frontage:||651|
|Highway Access:||Located on Chapman Highway/US-441|
|Total Number of Buildings:||3|
|Proximity:||1 mile||3 miles||5 miles|
Robert FinleyConversion Properties, Inc. KAAR CIE Member
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