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
Building Size (RSF): 4,039 SF
Gross Land Area: 0.33 Acres
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.

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

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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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