Catylist ID:
#30721675
Elk Avenue Commercial Corner Parcel
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30721675 |
| Property Subtypes: | Retail, Retail-Pad |
| Status: | Pending |
| Gross Land Area: | 1.90 Acres |
| Sale Price: | $625,000 |
| Unit Price: | $328,947 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/8/2021 |
Overview / Comments
|
Prime commercial corner! Fronting busy W. Elk Avenue, this 1.97 acre -/+ parcel has 411 ft of frontage. Site also has frontage on and access to 3 other city streets - Legacy Drive, Moore Avenue and Bemberg Street. Property is level and clear. W. Elk Avenue is a 5 lane highway including dedicated turn lane allowing for easy access to site and at Legacy Drive and Moore Avenue corners. Zoned B2 with all public utilities available - electric, telephone, public water, sanitary sewer and natural gas. Storage shed business, a house and a drive-thru coffee shop currently lease on site but they have been served notice to evacuate by May 15th 2021. Legacy Street side also allows for immediate access to Tweetsie Trail, a 9.5-mile trail featuring a compacted stone surface that crosses seven bridges and provides a flat grade for walking, hiking, running, and biking. Due to the excellent buildability, desirability and location of the property there are numerous options available for use including strip center, restaurant, auto sales and service, stand alone specialty retail, service business or professional office. Contact agent for zoning and other particulars or to discuss possibilities. |
Additional Details
| Nearest MSA: | Johnson City |
| County: | Carter |
| Tax ID/APN: | 010040N B 00100 |
| Zoning: | B2 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,677 | 21,382 | 53,922 |
| Median Age: | 43.48 | 40.71 | 39.13 |
| Households: | 1,095 | 8,937 | 23,108 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
