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.

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

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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

Photograph of Listing Agent

Lisa McNealy

Keller Williams Signature
KAAR CIE Member
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