Office/Retail Mix on Signalized Corner Fully Leased
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: |
30860406 |
| Property Subtypes: |
Free-Standing Building, Other
|
| Building Size (RSF): |
1,320 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.53 Acres
|
| Sale Price: |
$379,000 |
| Unit Price: |
$287.12 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/4/2023 |
Overview / Comments
This office/retail mix space sits at the signalized intersection of N Broadway St and Edgewood Ave. The outside of the building has 2 spaces for signage attached to the building and is newly painted with new siding on the storage building and gutters.
The property is 1,320 SF with 1 bathroom, 2 offices areas, a full kitchen and a larger area for retail merchandise or a customer service area. The owner has completely remodeled the building interior having replaced the flooring, interior doors, and walls, which also have been freshly painted. The plumbing and electric have been updated. The property is located in a high traffic area along with a traffic count of 16,786 daily. Parking lot in good condition with 8 parking spaces and 2 Tesla charging stations attached to the side of the building. This space is currently fully occupied and leased by a single tenant.
Please do not disturb tenants.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$2,599 (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
081DB01202 |
| Zoning: |
C-G-2 |
| Site Description: |
Level |
| Area Description: |
Head northeast on I-40 E. Take Exit 389 toward US-441 N/Broadway. Use any lane to turn left onto Hall of Fame Dr. Slight right onto N Broadway. Pass by Burger King (on the right in 0.8 mi). Destination will be on the left. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1930 |
| Year Renovated: |
2023 |
| Parking Type: |
Surface |
| Lot Frontage: |
123 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,390 |
88,368 |
164,715 |
| Median Age: |
37.21 |
34.5 |
35.09 |
| Households: |
6,545 |
38,280 |
69,865 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
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