SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased

SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased SOLD: Approx. 14,500 SF Commercial / Retail Space on N Broadway - Fully Leased
Listing status: Sold
Price: $750,000
Sold price: $750,000

Property Description

Property Address: 2634 North Broadway St., Knoxville, TN 37917

REAL ESTATE: APPROX. 14,500 SF COMMERCIAL / RETAIL SPACE ON N BROADWAY

  • Approximately 14,500 sf of commercial / retail space in two buildings on N Broadway.
  • This property is in a great location near downtown Knoxville, I-40, I-75 and I-640 and features approximately 140’ of frontage on N Broadway with plenty of parking.
  • Each building has its own tenant.
  • Total rental income is $7,250 / month – modified gross lease.
  • The property for sale includes three tax parcels (081DF002, 081DF001, & 081DF003) totaling approximately .75 acre.

Building 1 – Pawn Shop

  • New rubber membrane roof installed 8-10 years ago
  • New HVAC 4-5 years ago
  • Leased through January, 2024 with two five-year options to follow
  • Tenant has a 30 day First Right of Refusal on written offers

Building 2 – Hair Salon and Training Center

  • New rubber membrane roof installed 4-5 years ago
  • New HVAC in 2021 for one half, 4-5 years ago for the other half
  • Tenant has been in space since July of 2019 – month to month lease

Zoning

Property Address: 2634 N Broadway St., Knoxville, TN 37917


ZONING

  • C-G-2: General Commercial Zoning District

Utilities

Property Address: 2634 N Broadway St., Knoxville, TN 37917


UTILITIES

  • Electricity: Knoxville Utilities Board
  • Gas: Knoxville Utilities Board
  • Water: Knoxville Utilities Board
  • Sewer: Knoxville Utilities Board

Tax Information

Property Address: 2634 N Broadway St., Knoxville, TN 37917


TAX INFORMATION

  • Estimated Knox County Taxes: $5,016.00
  • Estimated City of Knoxville Taxes: $5,830.00
  • Total Estimated Property Taxes: $10,846.00

Property Documents

Directions

Property Address: 2634 N Broadway St., Knoxville, TN 37917


DIRECTIONS

  • Traveling north from downtown Knoxville in Henley Street, follow Henley to Broadway and travel approximately 2.5 miles. Property is on the right. No sign on property.

Property Flyer (PDF)

Property Address: 2634 N Broadway St., Knoxville, TN 37917


PROPERTY FLYER

  • Flyer coming soon…

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