Freestanding retail in the heart of Jefferson City

Retail-Commercial for Sale
Catylist Listing ID: 30848305
Property Subtypes: Convenience Store, Free-Standing Building, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 4,291 SF
Gross Land Area: 0.50 Acres
Sale Price: $995,000
Unit Price: $231.88 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Ship Shop
Usable Size (USF): 4,291 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2023

Overview / Comments

This is a single-story standalone retail building with drive-up windows on two sides. It sits on a wonderfully situated half-acre parcel half a mile from Carson Newman University. This well-kept property is located along US Route 11E, the main artery connecting to Morristown and Knoxville.

Visibility at this location is fantastic, and access is very easy and flexible because the property is encircled by George, Pearl, and Elmwood Streets, and the intersection of E. Broadway Blvd. and George Street is signalized.

The 4,291sf building most recently was occupied by two separate businesses operated by the property owner’s family and is currently vacant. The space could remain demised as it is now, or it could be opened up to serve a single retail tenant. It would be an excellent location for a restaurant, a medical office, or retail operation.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Jefferson City + Jefferson County
Tax ID/APN: 045023EF00902
Retail Clientele: General, Business, Traveler, Recreation, Other
Property Condition: Excellent
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,857 11,935 26,412
Median Age: 25.45 34.73 39.38
Households: 1,221 4,455 10,091


Photograph of Listing Agent

Robert Finley

Lawler-Wood, LLC ETNRCRE Member
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