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115 E Broadway St

4,000 SF Vacant Retail Building Lenoir City, TN 37771 £315,214 (£79/SF)

Executive Summary

SF in Loudon County's main commercial corridor where business is booming with shopping and dining experiences, like Maui Waui, Ugly Mug Coffee and Master Donuts. Additionally, there is the exciting East TN Axe Throwing down the street.
Lenoir City is a growing area but it is also near already developed areas such as Turkey Creek in Farragut, outlet shopping in Sevierville and Pigeon Forge and the expanding Maryville area.
Owners can enjoy access to nearby lakes, golf courses, hiking, and entertainment venues like the Loudon Theatre.
This is a perfect opportunity for retail, restaurant, bar, office, etc. With the open floor plan, the space allows for a lot of creativity of design.
Additionally, owners will have an opportunity to receive a facade grant from City of Lenoir City to improve aesthetics and property value.
Structural and foundational improvements needed.
Excellent street visibility with large store front windows to display product/advertisement.
The upstairs may be converted into an apartment. Great opportunity for a business owner looking to live close to work!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,000 SF
Building Class
C
Year Built
1920
Price
£315,214
Price Per SF
£79
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Slab to Slab
15 ft
Building FAR
1.12
Land Acres
0.08 AC
Opportunity Zone
Yes
Zoning
C-2
Frontage
24 ft on Broadway St

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020K-J-008.00
Land Assessment
£6,785
Improvements Assessment
£35,063
Total Assessment
£41,849
  • Listing ID: 31783525

  • Date on Market: 12/02/2024

  • Last Updated:

  • Address: 115 E Broadway St, Lenoir City, TN 37771

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