5710 Western Ave, Knoxville, TN 37921
Commercial property for sale
5710 Western Ave, Knoxville, TN 37921
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- Description
- 10%+ cash on cash. Ideal for redevelopment, an investor, or a owner/user who can use the car lot and enjoy the income from the tenant & car wash. Great location on Western Ave, approx. midway between I-640 and Schaad Rd. It is just NW of McKamey Rd. It is adjacent/west of the Strike & Spare bowling alley and directly across from the Cumberland Estates S/C with Food City, Dollar General, Autozone. From I-640: Exit Western Ave and go NW approx. 2.2 miles to subject on left. Or from Schaad Rd: Travel SE approx. 1.8 miles Two Current Plus 1 Potential Income Source: 2-Bay Oil Change with Basement. Property has a 2-bay quick oil-change operation on a month-to-month lease. Tenant has 5 +/- year history at site and wishes to stay: pays $2,500 per month plus all utilities. 4-bay Self-Serve Car Wash. Tenant also operates the 4-bay self-service car wash for owner but if purchaser chooses to operate, should generate $1,000-1,200 per month additional income. 1/4 Acre Car Lot. Site also contains a fenced and graveled acre car lot with pro forma income of $1,000 per month. Car lot is permitted under existing C-4 zoning and an existing sign is on property. Fenced area has approximately 100' frontage x 130'. Road Widening project to 4 Lanes in front of Subject is underway. It will not change access. Traffic Counts: 19,091 (2010 TPO) Environmental Reports Available. Building price details: $489,000.
- Property Details
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Property Type: Retail Use Types: Vehicle Related Status: Available Price: $ 255 +/SF Number of Stories: 1 Year Built: 1975 MSA: Knoxville Zoning: C-4 Highway & Arterial Commercial District Buildings: 1 Tenancy: Multiple Tenants Construction: Brick Terms: Cash to Seller Added: 11/16/2012 Last Update: 12/29/2012 - Exterior Features
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Parking Type: Surface - Contact info
- 865-247-7809 [Office]
- Note
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