Retail /Restaurant Space with 2 Office Spaces
Retail-Commercial
for Sale
Catylist Listing ID: |
30849473 |
Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
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Building Size (RSF): |
4,039 SF
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Gross Land Area: |
0.33 Acres
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Sale Price: |
$850,000 |
Unit Price: |
$210.45 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User, Business |
Usable Size (USF): |
4,039 SF |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
12/4/2023 |
Overview / Comments
Great location in downtown Loudon. Close to many businesses. This 4,039 square foot building was built in 2016 and was previously used as a restaurant. It has two bathrooms. Also included are 1922 square feet of office spaces on the 2nd floor that have never been occupied. The building has 4 A/C units (with one of those being newly installed). For restaurant or store purposes there are 2117 square feet on the main level. The cooler has a new condenser unit and is a 15 X 15. There are many opportunities with this 13,130 square foot lot.
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Additional Details
Nearest MSA: |
Knoxville |
County: |
Loudon |
Taxing Authority: |
City of Loudon |
Tax ID/APN: |
041B D 003.00 |
Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
Property Located Between: |
Cedar Street and Church Street |
Property Visibility: |
Good |
Feet of Frontage: |
110 |
Highway Access: |
Hwy 11 |
Airports: |
McGhee Tyson- Maryville TN |
Site Description: |
Nice, easy access, paved parking area. Beautiful 496 square foot porch on the building and courtyard. |
Area Description: |
Downtown Loudon. Small town, Historical Area. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Typical SF / Floor: |
4,039 SF |
Property Condition: |
Excellent |
Year Built: |
2016 |
Construction/Siding: |
Brick |
Exterior Description: |
Brick Construction |
Total Parking Spaces: |
12 |
Parking Type: |
Surface |
Parking Description: |
Paved Parking area. |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Internet Access: |
Fiber Optic |
Lot Frontage: |
110 |
Lot Depth: |
132 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,211 |
8,125 |
31,367 |
Median Age: |
46 |
46.9 |
43.85 |
Households: |
888 |
3,267 |
12,762 |
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