Bearden Hill - Small Move-in Ready Office for Sale

Office for Sale
Catylist Listing ID: 30860662
Property Subtypes: Office Building
Building Size (RSF): 3,098 SF
Gross Land Area: 0.28 Acres
Sale Price: $570,000
Unit Price: $183.99 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Goldman Partners Realty
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2023

Overview / Comments

Prime small office location on Bearden Hill. Approx. 3,100 SF for sale with a detached storage building situated on 0.28 acres. Wonderfully convenient location just off Kingston Pike & Papermill Rd. Easy access to I-40/75. Walk to several restaurants.

Since 2016, this has been the offices of Goldman Partners Realty (Owner/Agent) which is relocating. The building is a brick basement rancher consisting of three offices plus a conference room, full kitchen with granite counters and several open spaces and office cubicles. Includes a finished basement, two restrooms, one with shower. Enjoy the sunny wood deck. The storage building is 12 x 12 ft and has electric. Property has 12 paved parking spaces, plus a gravel pad with power which can hold two vehicles/RV.

Well-maintained property in excellent condition. $115,000 in updates & replacements since 2016. For example, HVAC was all new in 2016 and features 10 mini split heads and a conventional split system. Security system was new this year and new 30-year roof last year. Has a door access system, security camera system and extensive ethernet cabling. Appliances and some FFE available. Average Utilities (Water, Sewer, Electric): $363.00 per month.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 121AA03003
Property Located Between: Kingston Pike & Papermill Rd, between Papermill Rd and N Northshore Dr
Property Visibility: Fair
Highway Access: 2 minutes from I-40/75 interchange
Area Description: Highly desirable and convenient Bearden Hill neighborhood in West Knoxville
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1955
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 12 paved parking spaces (1 HC) plus 2 spaces in gravel area.
Total Parking Spaces: 14
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit, Other
Internet Access: Cable, Gigabit, Fiber Optic
Zoning Description: City of Knoxville Zoned O - Office Zoning District. Allows many uses, including residential occupancy (such as live/work).
Lot Frontage: 93
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,907 66,716 162,184
Median Age: 36.45 36.87 34.92
Households: 3,330 30,219 67,282


Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC ETNRCRE Member
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