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Kingston Pike

4,208 SF Retail Building Knoxville, TN 37934 £1,212,015 (£288/SF)

Executive Summary

Profitable longstanding business and investment real estate opportunity in the heart of Knoxville Tennessee.
High profile and highly visible site at one of West Knoxville’s busiest red-light corners, this independently owned and operated laundry and dry cleaning service is a great opportunity for an existing operator to expand current operations and market share while penetrating a proven market with strong demographics supporting this business model. Turn-key operation with all equipment tradename, signage and infrastructure in place.
Please do not disturb the business. There is an NDA in place. Please contact the listing agent for showing.
A staple and well known service commodity in Knoxville, originally constructed in 1946, the current owners have been operating successfully at this location since 1990. This business and real estate investment can be purchased for $1,549,000.00.
Knoxville is experiencing some of the strongest demand and development for real estate it has experienced in a number of years. A host of national and proven local retailers nearby include:
Costco, Walmart, Target, The Fresh market, Pinnacle 18 shopping center, Kroger Market Place, Aldi, Chase bank, Smart bank, Admiral pub, 35 North bar and Grill, McDonald’s, Taco Bell, Dairy Queen ,Planet Fitness, Gold’s Gym , Little Gym, Honeybee Coffee, Summer Moon Coffee, Starbucks, Pure Magic Carwash, Discount Tire and Costco.
Please don't go to property. Contact Nina Magill via email to request a non-disclosure agreement for financials and detailed location information.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,208 SF
Building Class
C
Year Built
1946
Price
£1,212,015
Price Per SF
£288
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.00 AC
Parking
8 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
84 ft on Kingston Pike

Nearby Major Retailers

Truist
Buddy's Bar-B-Q
Chase
SmartBank
ALDI
Premier Martial Arts
The Little Gym
Starbucks
Kroger
Old National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
143-00113
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£203,437
  • Listing ID: 32379593

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: Kingston Pike, Knoxville, TN 37934

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