North Broadway - 5,700+ SF Building on 1.9 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30426730
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 5,735 SF
Gross Land Area: 1.90 Acres
Sale Price: $795,000
Unit Price: $138.62 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Former Harry Lane North Super Store
Usable Size (USF): 5,735 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2020

Overview / Comments

Available for sale or for lease. Great Opportunity for an Owner-Occupant, Investor or developer to own a commercial property on N. Broadway in North Knoxville. This building and 1.9 acre lot feature exceptional frontage on N Broadway across from the Fairmont Emoriland neighborhood and about 1 mile south of I-640. Strong traffic counts of 32,174 ADT south of the property and 21,645 ADT north.

This would be an excellent location for a brewery, quick serve or casual restaurant, as well as other retail. C-3 commercial zoning allows for multiple uses and the property is grandfathered for car sales.

• 315' frontage on N Broadway
• 28,000+ ADT on N Broadway
• Existing pylon signage
• Large open lot
• Build- or Lease-to-suit will be considered.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 069MA010
Retail Clientele: General, Family, Business, Recreation
Property Located Between: I-640 & Downtown Knoxville
Property Visibility: Excellent
Largest Nearby Street: Emoriland
Feet of Frontage: 315
Traffic/Vehicle Count: 28,000
Highway Access: Approx 1 mile from I-640. Broadway is US-441/TN-33.
Airports: TYS
Site Description: Fairly level lot. Owner reports that the property did not flood during the major events in March 2019.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1970
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 75
Parking Ratio: 13 (per 1000 SF)
Parking Type: Surface
Parking Description: Extensive parking available. Broker estimates 75+ cars based on 10' spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: C-3 - General Commercial District (C-G-2 General Commercial under Draft Recode) C-3 is for personal and business services and general retail business. Allows Delicatessens and bakeries, eating and drinking establishments, brewpubs, Automobile service and repair (And this property is grandfathered for Auto Sales), Offices, Financial, Indoor Recreation, and more. Use on Review: Craft breweries, distilleries and wineries, and more.
Lot Frontage: 315
Lot Depth: 150' - 225'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,669 79,720 169,367
Median Age: 37.26 35.82 35.13
Households: 6,173 35,867 71,102


Photograph of Listing Agent

Sam Phillips

Goldman Partners Realty, LLC
The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.