Fall Branch Bank Building and Vacant Lot

Retail-Commercial for Sale
Catylist Listing ID: 30522937
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 6,400 SF
Gross Building Area: See Agent
Gross Land Area: 1.66 Acres
Sale Price: $389,000
Unit Price: $60.78 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Greater Eastern Credit Union
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2020

Overview / Comments

Attractive neighborhood branch bank in Fall Branch. This 6,400 sf facility has welcoming lobby with customer service areas, private offices, vault with 60 boxes, secure room, work room, break room and large storage area with restroom on lower level, and two drive-thru lanes. It has been well maintained and had two new HVAC units in 2017. Parking to the side and rear of the building, drive through with deposit tubes and security cameras in place inside and out. Also included in the sale is 1.23 acres -/+ of undeveloped land directly across the street which could provide additional parking if needed. Sits adjacent to a strip center with Dave's Books and Stuff, Blondie's Full Service Salon and Rx Pharmacy. On main commuter route in Fall Branch, within 2 miles of I-81 Exit 50. Ideal uses include a financial institution, insurance office, veterinary clinic or funeral home. Building is also for lease, see separate listing or contact agent to discuss options.

Additional Details

Nearest MSA: Greeneville
County: Greene
Tax ID/APN: 008L A 003.00; 008L B 021.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,372 5,811 18,418
Median Age: 44.48 43.61 42.42
Households: 594 2,377 7,409
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