Catylist ID:
#30837314
Retail building currently used as a church and 2 bedroom home
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: | 30837314 |
| Property Subtypes: | Mixed Use, Restaurant, Retail-Pad, Street Retail, Other |
| Status: | Pending |
| Building Size (RSF): | 3,174 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $239,900 |
| Unit Price: | $75.58 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Church |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/27/2023 |
Overview / Comments
|
SO CLOSE TO WINDROCK!!! THE POSSIBILITIES ARE ENDLESS! 112 and 114 Midway Lane in Oliver Springs are being sold together! The large building is currently being used as a church but is zoned retail. It is located at 112 Midway Lane, and the house/parsonage that is currently rented is at 114 Midway Lane. Tenant plans on moving once the home is sold. So many options, so many possibilities await with this unique opportunity to own both buildings, use one for a store, rent the other, have a church and a parsonage, Make it into an ice cream shop, use it as an air bnb for groups, make it into a hair salon, use the home for personal use or for rental income! 112 Midway is currently being used as a church. It has a large gathering room, a stage, two office areas, 2 bathrooms and a loft above the building. Land Use for this building currently listed as 'Retail Trade - General The house has 2 bedrooms, 2 living room areas, laundry facilities, patio, fully equipped kitchen and more. Land Use for this building currently listed as 'household unit' but must be sold with the church on 112 Midway. The buildings currently share electric, and plumbing and are metered at the house and must be sold together. Buyer to verify actual use options, square footage and all other information. This is currently a religious exemption from tax. |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Anderson |
| Tax ID/APN: | 001092NC01000 |
| Zoning: | RETAIL/RESIDENTIAL |
| Retail Clientele: | General, Family, Business, Recreation, Other |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Tri County Blvd, Oliver Springs |
| Feet of Frontage: | 15 |
| Highway Access: | Take Illinois Ave. towards Oliver Springs, turns into E Triangle County Blvd. Turn right onto Midway Ln. Property is the right. |
| Area Description: | Near Windrock ATV park. Minutes from Oak Ridge |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 3,000 SF |
| Property Condition: | Good |
| Roof Type: | Arched |
| Construction/Siding: | Brick/Vinyl Siding |
| Total Parking Spaces: | 25 |
| Parking Type: | Surface |
| Parking Description: | Parking Lot |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Other |
| Air Conditioning: | Other |
| Internet Access: | Cable |
| Interior Description: | Church has two offices and large meeting hall with 2 baths. Home has 2 bedrooms, bonus room, kitchen. living room and bath. |
| Zoning Description: | Church is retail/general House is |
| Water Service: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,072 | 13,983 | 31,537 |
| Median Age: | 43.53 | 41.42 | 42.33 |
| Households: | 1,257 | 5,769 | 13,523 |
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