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 |
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 |
|
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