Retail-Commercial for Sale
Catylist Listing ID: 30815675
Condo? Yes
Building Size (RSF): 1,720 SF
Gross Building Area: See Agent
Sale Price: $387,000
Property Use Type: Vacant/Owner-User
Building Name: Central Park
Usable Size (USF): 1,720 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2023

Overview / Comments

LOCATION LOCATION RIGHT IN THE CENTER OF THE RETAIL TRIANGLE & CITY OF OAK RIDGE. TONS OF NATURAL LIGHT FROM LARGE STOREFRONT WINDOWS. GREAT SIGNAGE AND ELEVATOR DIRECT ACCESS TO THE 2ND LEVEL OFFICE SUITES. High-end commercial retail condo. Well established Central Park Retail is right next door to Home Federal Bank on the Oak Ridge Turnpike. In the traffic pattern of business and locals alike! Great property management and business minded Owners are offering 3 total units.
Anchored by highly successful national tenants with a mix of strong local business operators. LEASE OR OWN. This is a great way to transition from renting to owning your own commercial space. Modify suite to meet your business needs.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001100H A 00500
Is Condo?: Yes
Largest Nearby Street: Fronts Oak Ridge Turnpike
Feet of Frontage: 250
Site Description: Mixed use development w office and retail users professional medical and restaurant. Elevator access to all suites.
Area Description: Situated in the Center of the City of Oak Ridge Central Park is a well known commercial and retail development. Home Federal is located in the outparcel, great traffic flow and direct access to Oak Ridge Turnpike.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 2006
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,578 24,414 39,767
Median Age: 39.43 42.07 43.42
Households: 3,128 10,771 17,012
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