Commercial Building in Downtown Lenoir City
Retail-Commercial
for Sale
| Catylist Listing ID: |
30820989 |
| Property Subtypes: |
Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
3,775 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$425,000 |
| Unit Price: |
$112.58 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/21/2023 |
Overview / Comments
|
Own a piece of history. Constructed in 1920, this 3775 sf building fronts 2 streets, has the original exposed brick walls, and has an open floor plan with high ceilings. It would be perfect for retail, restaurant/pub or could easily be subdivided into 2 great spaces. Tons of character! Lots of renovation and growth in the immediate area.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Loudon |
| Taxing Authority: |
London County |
| Tax ID/APN: |
053020LL00500 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Business |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Broadway |
| Site Description: |
Historical Downtown Lenoir City |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Fair |
| Year Built: |
1920 |
| Year Renovated: |
1986 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Downtown parking. |
| Zoning Description: |
Commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,805 |
14,876 |
35,604 |
| Median Age: |
32.67 |
37.29 |
43.82 |
| Households: |
1,074 |
5,750 |
14,236 |
|
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