Warehouse/Barndominium- 9,000+ SF- Zoned Commercial and Residential
Special Purpose
for Sale
| Catylist Listing ID: |
30838788 |
| Building Size (RSF): |
9,697 SF
|
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$750,000 |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Business |
| Usable Size (USF): |
7,850 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/26/2023 |
Overview / Comments
|
This is a truly unique property with tons of potential - make this into your own barndominium dream home, or use the 5,000+ SF workshop/warehouse (*not counted in advertised finished square footage!*) for investment, storage, personal workshop, generational living with separate suites, etc - the opportunities abound. There is an additional living quarters on the second floor of the warehouse featuring an updated kitchen and large breakfast bar, and additional rooms with closets & windows, and separate living room plus a deck overlooking the property. The 5000 SF workshop area is zoned commercial. The main residential living area (currently being used as an office) features 3 BR, 2 BA along with a large sunroom with hardwood floors, wood burning stove, full open kitchen/living room concept is zoned residential. There is currently a 5 year NNN lease in place with a base price of $5000 per month; that lease ends in October 2026. This could be a great investment opportunity for both residential and commercial buyers. Not to mention the county taxes only, picturesque setting, huge garage doors for equipment, boats, RV storage, etc, the well-maintained gravel parking areas, and a guaranteed tenant through 2026! Lease documents available upon request. Call today for more information or to schedule your private viewing - ADVANCED NOTICE REQUIRED SINCE BOTH RESIDENTIAL AND COMMERCIAL SPACES ARE OCCUPIED BY TENANT!
|
Current Tenants
| Tenant Business Name |
RMS Energy |
| Is Renting? |
Yes |
| Tenant Notes |
Lease expires October 23, 2026
Upstairs apartment included in lease terms |
Additional Details
| Nearest MSA: |
Sevierville |
| County: |
Sevier |
| Taxing Authority: |
Blount County |
| Tax ID/APN: |
00501207310 |
| Zoning: |
R-1 & COMMERCIAL |
| Property Located Between: |
Keener Road & Burnett Station |
| Property Visibility: |
Fair |
| Largest Nearby Street: |
Sevierville Road (Hwy 411 N) |
| Feet of Frontage: |
25 |
| Highway Access: |
Hwy 411-N (Sevierville Road) to 25 ft gravel driveway; approximately 1000 ft to property on right |
| Airports: |
McGhee Tyson; Seymour Air Park; |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
2007 |
| Year Renovated: |
2021 |
| Construction/Siding: |
Metal Siding, Steel Frame, Other |
| Parking Type: |
Surface |
| Parking Description: |
gravel parking lot plus 5000 SF warehouse for storage, equipment & parking |
| Sprinklers: |
Other |
| Heat Type: |
Electricity, Suspended Radiant Heaters |
| Heat Source: |
Central, Heat Pump, Other |
| Air Conditioning: |
Package Unit, Other |
| Internet Access: |
Cable |
| Interior Description: |
Finished heated/ cooled area- 3.074 SQFT
Large Warehouse area- 4,776 SQFT |
| Zoning Description: |
Commercial and Residential - see tax records |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Easements: |
Ingress/Egress, Other |
| Easements Description: |
Joint permanent easement/ Common Driveway (25 feet) |
| Land Ownership: |
Owner held |
| Legal Description: |
35.843894°/-83.785234°
Lot 2R2
PIN: 012 073.10 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
12,356 |
34,170 |
| Median Age: |
40.24 |
41.42 |
| Households: |
4,769 |
13,244 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
