Commercial or Professional Office Building

Office for Sale
Catylist Listing ID: 30663952
Property Subtypes: Executive Suites, Flex Space, Net Leased, Office Building
Building Size (RSF): 2,801 SF
Gross Land Area: 26,136 SF
Sale Price: $699,000
Unit Price: $249.55 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Carriage Hill Insurance Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2020

Overview / Comments

Great Location on Hwy 321 in Lenoir City TN. 2800 SF freestanding building. Could be used for professional office or flex space. The current tenant to remain in place for 12 to 18 months. Rental income is $5000.00 a month modified gross.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: London County
Tax ID/APN: 053015 17600
Zoning: COMMERCIAL
Property Visibility: Good
Site Description: US Hwy 321
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Parking Type: Surface
Total Parking Spaces: 16

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,576 15,679 38,957
Median Age: 38.9 38.67 42.59
Households: 1,896 6,171 15,033

Contact

Photograph of Listing Agent

Charles Baine

Baine Realty Group KAAR CIE Member
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