Restaurant Opportunity - East Knoxville

Retail-Commercial for Sale
Catylist Listing ID: 30844686
Property Subtypes: Restaurant
Building Size (RSF): 3,456 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Sale Price: $1,100,000
Unit Price: $318.29 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

This vacant, free-standing restaurant building on a 1.27-acre lot in the rapidly growing East Knoxville/Strawberry Plains community. The property is easily accessible with its prime location less than half a mile from both the I-40 on-ramp and is in front of a 322-lot single-family development. At approximately 3,456 square feet of space, an outdoor dining patio, and ample parking, the building provides extensive space to accommodate a variety of concepts. Additionally, the property is equipped with a full hood, grease trap, and coolers/freezers.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 072 27304
Zoning: C-H-2
Tenancy: Single Tenant
Total Number of Buildings: 1
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,695 11,104 31,316
Median Age: 38.97 43.09 41.07
Households: 708 4,513 12,300


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