8535 Asheville Hwy

Retail-Commercial for Sale
Catylist Listing ID: 30826742
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 3,636 SF
Gross Building Area: See Agent
Sale Price: $499,900
Unit Price: $137.49 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: 8535 Asheville Hwy
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/25/2023

Overview / Comments

If you are local, you know this location. The front portion of the land included with this building is the previous beloved Cardin Drive-In building location. Every local person knows this popular restaurant site. This listing consists of a great brick commercial 4,000 square feet building just to the right rear of that location. This building is solidly built and was used for commercial office space as well as a daycare operation. The combined lot sizes are critical for easy-in and easy-out access to this building and hard surface parking. This property has great frontage along the busy 11E corridor to Knoxville. This frontage combined with lots of acreage in the back of the lot creates a ton of opportunities for future owners. This property is on sewer.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 062 21101
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1985
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,175 9,623 26,093
Median Age: 44.81 41.28 41.54
Households: 474 3,818 10,409


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