Broadway Corner Office with Apartment

Office for Sale
Sale Pending
Catylist Listing ID: 30858009
Property Subtypes: Coworking, High-Tech, Medical, Mixed Use, Flex Space, Other
Status: Pending
Building Size (RSF): 1,438 SF
Gross Land Area: 0.25 Acres
Sale Price: $295,000 - 300,000
Unit Price: $205.15 - 208.62 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 1,438 SF
Core Factor: 1%
Sale Terms: Undisclosed, Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/9/2023

Overview / Comments

PRIME Location - OWNER or Conventional Financing,
Corner office located on a popular area of the Broadway business corridor.
Average 17,514 daily traffic count (2021

Front office:
Lobby with 15" Cathedral Ceiling, 2 spacious private offices, large conference room wired for television and other technology, reception area, 3 small offices, and a parking for 10 cars.

Apartment area:
Studio or 2-bedrooms with kitchenette, full bathroom, and additional storage areas.

Ideally situated between the Fairmont/Emoriland neighborhood and I-640/Fountain City, the office is approximately 8 minutes (via Broadway) from the 100 Block of Gay St. in Downtown Knoxville.

Surrounding established businesses: Fisher Tire Company, Harby's Pizza, Lost & Found Records, Rami's Restaurant, Frankie's Body Shop Gym and more.

The office boasts a classic Mid-Century Modern Craftsman style with ADA compliant entry / ramps and other appurtenances.

AS-IS, seller will make NO repairs & NO concessions!

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville
Tax ID/APN: 069LJ049
Zoning: C-G-2
Property Located Between: Walker Blvd. and Broadway.
Property Visibility: Excellent
Highway Access: I-640 (1.6 miles) 5 minutes, I-40 West (1/.5 miles) 5 minutes.
Airports: TYS - McGhee Tyson Airport - Knoxville Airport Authority
Site Description: Level, corner lot. .25 acre with frontage on two sides. Parking spaces for 10 cars.
Area Description: Mixed-use - retail, restaurants and car repair services within the block - surrounded by residential and multi-family housing.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,483 SF
Year Built: 1924
Year Renovated: 1980
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Craftsman Style 1920's architecture with wrap-around front porch.
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt surface parking area.
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Needs updating - buyer may change as desired.
Zoning Description: C-G-2: The C-G General Commercial Zoning District is intended to provide for a heterogeneous mix of retail, personal service, office, and residential uses within and along Knoxville’s commercial nodes and corridors. The C-G District is intended to promote mixed-use development in a pedestrian-oriented environment that recalls the City’s traditional business districts, and offers flexibility in the creation of integrated commercial, office and residential spaces. The C-G District is divided into three levels of intensity related to the overall form and design of the development; however, uses are the same across all levels. This district is intended primarily for indoor commercial uses with limited exceptions per special use approval.
Lot Frontage: 73' frontage on N. Broadway
Lot Depth: 142' frontage on Raleigh St.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Book: 20221018 Page: 0024020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,250 79,720 166,817
Median Age: 37.11 35.82 35.31
Households: 5,183 35,867 70,080
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