Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30749214
Property Subtypes: Mixed Use
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 4,800 SF
Gross Building Area: 4 SF
Gross Land Area: 4.70 Acres
Sale Price: $499,900
Unit Price: $104.15 PSF
Property Use Type: Business
Building Name: BASHER'S MILL
Usable Size (USF): 4,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/15/2021

Overview / Comments

Tax record address is W Oakland Ave but road frontage is actually on Marketplace Dr., and Denny Mill Rd. WHAT AN OPPORTUNITY! Old antique mill called Basher's Mill circa 1830's plus 4.7 acres of land. OVER 1000 FT OF FRONTAGE ON KNOB CREEK! Enter off Denny Mill Rd, but with some clearing and excavation you can have access off Marketplace Dr. Beautiful CREEK FRONTAGE could make for a nice boardwalk, with a park like setting. Owner would like the building restored if possible. LOTS OF VALUE IN THE ECUIPMENT ALONE. Multiple uses for this building and/or the land. Too many possibilities to list. Start your new project today.
Info deemed reliable but not guaranteed. Buyer or buyer's agent to verify.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington county, Johnson City
Tax ID/APN: 090037 05604
Zoning: B4
Property Located Between: Lowe's and Interstate 26 exit 19
Property Visibility: Excellent
Largest Nearby Street: State of Franklin Rd
Feet of Frontage: 504
Highway Access: Paved county road
Airports: Tri City Airport 20 minutes away
Site Description: Some cleared, some wooded with creek frontage
Area Description: Very busy retail and medical
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,600 SF
Property Condition: Poor
Year Built: 1830
Roof Type: Gable
Construction/Siding: Other
Exterior Description: Wood, log, stone, and metal siding. Metal roof
Parking Type: Surface
Parking Description: Large area for parking currently grass
Interior Description: Still original including equipment. Needs total restoration.
Zoning Description: B4
Lot Frontage: 504
Water Service: Municipal
Sewer Type: None
Easements: Ingress/Egress
Easements Description: Neighboring property is restaurant under renovation. They have an access easement to the rear of their building.
Land Ownership: owned
Legal Description: parcel id 037 056.04 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,272 40,086 80,931
Median Age: 45.88 42.21 39.05
Households: 1,062 17,656 34,335


Photograph of Listing Agent

Richard Banks

North East Tennessee Real Estate
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