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 |
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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