Campus Redevelopment

Retail-Commercial for Sale
Also listed as Multi-Family, Office
Catylist Listing ID: 30851236
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 12,450 SF
Gross Building Area: See Agent
Sale Price: $5,500,000
Unit Price: $441.77 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2023

Overview / Comments

Rare investment opportunity near University of Tennessee
One block from Cumberland Ave
Surrounded by student housing
2 story shell commercial property
Potential for building additional commercial or residential floors pending zoning/permitting approval.
Street level 6530 SF
Terrace level 5920 SF
Measurements are approximate and should be independently verified.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 094MJ023
Zoning: C-N

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,887 84,603 153,179
Median Age: 23.04 31.87 35.3
Households: 4,840 34,593 65,184

Contact

Photograph of Listing Agent

John Haney, CCIM

NAI Koella | RM Moore ETNRCRE Member
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