Catylist ID:
#30839219
PRIME LOCATION! - Building For Sale - UNIQUE PROPERTY
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30839219 |
| Property Subtypes: | Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other |
| Status: | Pending/Contingent |
| Building Size (RSF): | 2,733 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.85 Acres |
| Sale Price: | $530,000 |
| Unit Price: | $193.93 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Business |
| Building Name: | 105 Caldwell Circle Retail |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.0% |
| Last Updated: | 5/16/2023 |
Overview / Comments
|
UNIQUE PROPERTY, FULLY REMODELED! Welcome to your new turn-key office building, medical suite, salon suites, Assisted Living, rehab center, or even AirBNB investment! So many opportunities with this 2,538 square foot commercial building that is the perfect space for professionals looking for low maintenance, high return real estate!! Located at 105 Caldwell Cir. in Oliver Springs (at the Oak Ridge/Oliver Springs border), this thoughtfully renovated stone/hardie siding single-story structure offers a convenient location right off Tri County Blvd with ample parking on a .85 acre lot. This building has two separate units set up for professional use and/or AirBNB (upon approval) use. Each unit (A is 1,460 Sq Ft & B is 1,078 Sq Ft) features 4 offices/bedrooms (if add warbdrobe), 2.5 bathrooms, a full kitchen and open collaboration or living space. Each room is designed for privacy and is ideal for conducting conference calls/zoom meetings, consultations, team meetings, or even client small medical/aesthetic procedures. Each unit has a private deck off the back and porch space in the front. Upgrades to this building include; new roof w/ 20 yr. warranty, new gutters, 2 new HVAC units, new water heater, Goodman gas packs, appliances, electrical work, fence, parking lot drainage and more. The utilities are not currently separately metered. The site is cable/internet ready with a firepit out back for you, your employees, clients or tenants to enjoy as well! If you are an investor looking for a property that can be leased out and become a performing asset in no time, look no further! With a large surfaced parking lot (opportunity to re-pave and create designated parking spots/handicap spots), there is plenty of space for your clients, staff and/or tenants to park their vehicles; or AirBnB tenants to park their trucks, trailers and ATV's overnight when enjoying all that Windrock has to offer! This building provides easy access to major highways and local thoroughfares, making it easy to get to all the shopping and dining in Oak Ridge in a few minutes, Turkey Creek in less than 30 minutes and downtown Knoxville in less than 45 minutes. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Roane |
| Taxing Authority: | Oliver Springs / Anderson County |
| Tax ID/APN: | 001098EA02800 |
| Zoning: | C3 - COMMERCIAL |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: | Oak Ridge and the Town of Oliver Springs |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Tri County Blvd and Oliver Springs Hwy |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1972 |
| Year Renovated: | 2023 |
| Roof Type: | Gable |
| Construction/Siding: | HardiePlank Siding |
| Exterior Description: | Continuous footing foundation with stone facade and hardie siding. Newly poured concrete front patio/porch and beautiful copper metal roofing added in front, along with shingles. |
| Parking Type: | Surface |
| Parking Description: | Large surfaced lot with ample parking and access from main (Tri County BLVD) and side roads (Caldwell Cir.). |
| Heat Type: | Electricity, Natural Gas, Hot Water |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Interior Description: | Welcome to your new turn-key office building, medical suite, salon suites, Assisted Living, rehab center, or even AirBNB investment! So many opportunities with this 2,538 square foot commercial building that is the perfect space for professionals looking for low maintenance, high return real estate!! Located at 105 Caldwell Cir. in Oliver Springs (at the Oak Ridge/Oliver Springs border), this thoughtfully renovated brick/siding single-story structure offers a convenient location right off Tri County Blvd with ample parking on a .85 acre lot. This building has two separate units set up for professional use and/or AirBNB (upon approval) use. Each unit (A is 1,460 Sq Ft & B is 1,078 Sq Ft) features 4 offices/bedrooms (if add warbdrobe), 2.5 bathrooms, a full kitchen and open collaboration or living space. Each room is designed for privacy and is ideal for conducting conference calls/zoom meetings, consultations, team meetings, or even client small medical/aesthetic procedures. Each unit has a private deck off the back and porch space in the front. Upgrades to this building include; new roof w/ 20 yr. warranty, new gutters, 2 new HVAC units, new water heater, Goodman gas packs, appliances, electrical work, fence, parking lot drainage and more. The utilities are not currently separately metered. The site is cable/internet ready with a firepit out back for you, your employees, clients or tenants to enjoy as well! If you are an investor looking for a property that can be leased out and become a performing asset in no time, look no further! |
| Zoning Description: | Commercial; City Limits |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | 14 098E A 098E 02800 000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,641 | 18,306 | 33,324 |
| Median Age: | 41.78 | 40.88 | 42.53 |
| Households: | 1,512 | 7,816 | 14,365 |
Contact
Lisa McNealyKeller Williams SignatureKAAR CIE Member |
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