3850 Holston Dr - Supermarket FOR SALE


Knoxville, TN 37914- East Knoxville
$1,200,000 USD
513-315-7694
3850 Holston Dr, Knoxville, TN for Sale
$1,200,000 USD
Supermarket - FOR SALE
1/24
null | Request Cap Rate

3850 Holston Dr
Knoxville, TN 37914
East Knoxville


HIGHLIGHTS

  • Flexible C G 2 zoning supports a wide range of retail or redevelopment uses with strong visibility and convenient access to Magnolia Avenue and I 40.
  • Main building features modern updates
  • Includes an additional retail building on site that provides expansion potential or a second revenue generating opportunity in a high traffic area.

OVERVIEW

Price reduced from $1,400,000 to $1,200,000. This opportunity includes a 15,550 SF free-standing building and an adjacent 1,660 SF unit situated on a 1.27-acre lot in the heart of East Knoxville, a rapidly revitalizing area. With flexible C-G-2 zoning, this property is ideal for retail use or redevelopment. It features high visibility, ample parking, and convenient access to Magnolia Avenue and I-40, benefiting from a high traffic count of 11,978 cars per day. The primary building is 15,770 SF and includes a glass storefront, a loading dock, and newer ceilings and lighting. Optional refrigerators, freezers, and grocery equipment can also convey with the sale. Additionally, the property includes an adjacent 1,660 SF retail building, providing space for expansion or a second retail opportunity.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

C-G-2

APN/PARCEL ID

082DB-01601

ASK ABOUT THIS PROPERTY

Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

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Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.