920 Volunteer Landing

Office for Sale
Catylist Listing ID: 30790907
Property Subtypes: Office Building
Building Size (RSF): 13,000 SF
Sale Price: $3,995,000
Unit Price: $307.31 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Big Wheel
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2022

Overview / Comments

Amazing Downtown Knoxville opportunity for a freestanding 13,000 SF / 2 story office building in the middle of it all! Nestled on the waterfront overlooking the Tennessee River between Ruth's Chris Steakhouse, Outdoor Knoxville, and Volunteer Landing Marina. Imagine stepping out your back door on your lunch break and taking your staff for a boat cruise....

Urban industrial finishes with custom LED lighting, wood floors, and granite upstairs and traditional offices on main level. Includes over $300K in custom furniture and fixtures.

Owner (upstairs) is relocating, downstairs tenant (law firm) has flexibility. Do not disturb occupants.

Metal roof. Move-in ready. Plenty of free parking. Updates and upgrades too numerous to explain....

Large conference room and training rooms, many offices, awesome kitchen and recreational area for your crew, and a super corner office for the executive....

Building is on a 100 + year ground lease with ZERO rent. Banks consider this equal to fee simple for collateralization. Adjacent fee simple parking lot (gated and 25 spots) included.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 095JB011
Property Visibility: Excellent
Zoning Description: DK-E Downtown Commercial Zoning

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,088 79,364 144,188
Median Age: 27.55 32.21 35.09
Households: 5,544 31,769 61,427
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.