Catylist ID: #29738706
3± Riverfront Acres on Race St
Vacant Land for Sale
|Catylist Listing ID:||29738706|
|Property Subtypes:||Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage|
|Gross Land Area:||3.06 Acres|
|Sale Price:||$290,939 Per Acre|
|Sale Terms:||Cash to Seller|
Overview / Comments
Up to 3± Acre commercial/Apartment development site right on Race Street at the Clinch River.
This site offers a terrific opportunity for a number of possible developments such as restaurant, retail, office, medical, self-storage, multifamily and more.
The property is well-located midway between the Midtown developments and downtown Kingston, TN. The property has terrific visibility from both Race street and even I-40 with 485’ frontage on Race street. Traffic counts are strong at 12,000+ per day. Traffic is local traffic between Kingston, Midtown, Harriman and Rockwood, and destination traffic for shopping at Kroger/Lowe's in Midtown)
This property is pad ready. It has already been graded and all utilities are to the site.
The owners will divide subject to approval of a master plan. The property is zoned C-2, General Business District, which allows a wide range of uses, including all uses permitted in the O-1, Office District. C-2 uses include Retail, Finance, Insurance, Business, Professional and Personal Services, Car/Truck Repair, Hotels, Religious activities and more.
This tract is offered subject to Use Restrictions that will run with the deed. These restrictions are basically against operating a dollar-type store. In addition, to protect both the subject and the adjacent tract to the south, both tracts will have restrictions against several types of businesses that might be considered undesirable. Details are provided in the marketing package.
Attachments & Media
|Tax ID/APN:||047I A 001.00, 047I A 001.01|
|Side of Street:||South|
|Road Type:||Paved, 2-Track, Highway|
|Largest Nearby Street:||W Race St|
|Feet of Frontage:||485|
|Proximity:||1 mile||3 miles||5 miles|
Steve Goldman, CCIMGoldman Partners Realty, LLC
John S. DempsterGoldman 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.|