Catylist ID:
#30836506
Downtown Professional Office Condo
Office
for Sale
| Catylist Listing ID: | 30836506 |
| Property Subtypes: | Mixed Use, Office Building |
| Condo? | Yes |
| Building Size (RSF): | 8,108 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,449,000 |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 70 |
| Last Updated: | 9/29/2023 |
Overview / Comments
|
SVN Wood Properties is excited to introduce the commercial condominium situated at 414 Clinch Ave in downtown, which comprises the ground floor, basement, and mezzanine levels, totaling 8108 square feet. The office tenant presently occupies the ground floor and mezzanine levels, with a flexible lease arrangement in place, making it a valuable asset for any potential buyer. The basement is presently in a shell condition and serves as storage for the current owner. Furthermore, the condo has access to the basement from the front of the building, allowing multiple tenants to use the space. Additionally, it's worth noting that the two residential condos located above the commercial unit are under separate ownership. |
Attachments & Media
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Tax ID/APN: | 094LG01101 |
| Is Condo?: | Yes |
| Zoning: | DK-G |
| Property Located Between: | Clinch Ave & Walnut St |
| Property Visibility: | Excellent |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Year Built: | 1920 |
| Construction/Siding: | Stone |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,819 | 83,832 | 149,050 |
| Median Age: | 25.17 | 31.98 | 35.18 |
| Households: | 4,838 | 33,805 | 63,630 |
Contact
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