Catylist ID:
#30858009
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 KnoxTPO.com) Currently: 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 |
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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