Multi-Use Office, Multi-Family or Air BnB

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30815866
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.01 Acres
Sale Price: $740,000
Unit Price: $246.67 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

This is a former residence that has been converted into a unique and charming office space in the heart of Knoxville on Bearden Hill with 3 floors including a full basement that has been partially converted into offices for a total of 3000 SF. Features include a unique spiral staircase to all levels, reception area and lobby, large offices, conference room or executive office with large screened in porch, kitchen with glass block wall, two of the three baths are ADA compliant, all surrounded by a wooded buffer on three sides and elevated for a nice view and walking distance to the shops, restaurants and hotels at Northshore. Interior was remodeled in 2008 for office, with refurbishments underway that include new luxury vinyl plank flooring throughout, painting inside and out, bathrooms remodeled with subway tile and exterior improvements. Pictures forthcoming. Property could be converted to accommodate an Air BnB space or develop for small multi-family.

Property features 1.01 acres and is right off Kingston Pike and Papermill Dr, also providing quick and easy interstate access.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $9,000 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 121AA011
Site Description: Level / Steep
Area Description: Interstate 75 S/I-640 W/Nashville/Chattanooga and merge onto I-640 W/I-75 S Use the right 2 lanes to merge onto I-40 W/I-75 S toward Nashville/Chattanooga Use the right 2 lanes to take Exit 383 for Weisgarber Rd Use the left 2 lanes to turn left onto Old Weisgarber Rd/N Weisgarber Rd Destination will be on the right
Total Number of Buildings: 1
Year Built: 1950
Parking Type: Surface
Lot Frontage: 186

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,928 65,138 166,989
Median Age: 37.61 36.77 34.92
Households: 3,861 29,376 69,699

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