2120 E Magnolia Ave
Retail-Commercial
for Sale
| Catylist Listing ID: |
30841170 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Building Size (RSF): |
5,448 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
7,800 SF
|
| Sale Price: |
$400,000 |
| Unit Price: |
$73.42 PSF |
| Ceiling: |
16 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
5,448 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/13/2023 |
Overview / Comments
|
This free-standing building located in Downtown Knoxville in a HUD Opportunity Zone. The 5,448 sq ft building features poured concrete floors with floor drainage at the rear part of the warehouse, ceiling heights ranging from 12-16 ft., as well as a 12x12 industrial roll-up door. This property is currently zoned as general commercial and is in the sector plan for MU-SD
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knox County and City of Knoxville |
| Tax ID/APN: |
082ON005 |
| Zoning: |
MIXED USE. MU-SD |
| Retail Clientele: |
General, Business |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Hall of Fame Dr |
| Feet of Frontage: |
50 |
| Highway Access: |
Interstate 40, Interstate 75, Asheville Highway |
| Airports: |
McGee Tyson, DKX |
| Area Description: |
Located in a HUD Opportunity zone. Close to Interstates 40, 275, 75. Magnolia turns into Asheville Highway. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1925 |
| Year Renovated: |
1996 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Brick |
| Total Parking Spaces: |
8 |
| Sprinklers: |
None |
| Heat Type: |
Other |
| Heat Source: |
Other |
| Air Conditioning: |
Other |
| Internet Access: |
Other |
| Interior Description: |
Poured concrete floors. Ceiling heights range from 12-16 ft. Floor drainage in the rear part of the warehouse. 12x12 industrial roll-up door. |
| Zoning Description: |
currently general commercial. is in the sector plan for MU-SD |
| Lot Frontage: |
50 |
| Lot Depth: |
164.4 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
yes |
| Legal Description: |
Parcel ID/Tax ID 082ON005 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,472 |
76,074 |
148,182 |
| Median Age: |
34.59 |
33.22 |
34.98 |
| Households: |
4,829 |
30,913 |
62,925 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
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