Contact info

• 865-688-3946 [Office] 

Description

Great investment opportunity in the heart of Fountain City/Smithwood. This property is composed of three tax parcels and includes a parcel at the prime corner location of Tazewell Pk. and Sanders Dr. {3023 and 3039 Tazewell Pk}. Current improvements on the corner property include a commercial/office building currently used as a restaurant and a second commercial building occupied by a bakery. Both are currently leased. As referenced, the building occupied by the restaurant has a history of other commercial and office uses including multi-tenants and could be converted back. Location has very good visual exposure. Second parcel is adjacent and improved with a medical office building currently used for dentistry/optometry {3016 Sanders Dr.} It is currently rented on a month to month basis. The third adjacent property is improved with a single family dwelling that is currently rented {month to month}. The combined properties have a potential gross income of just over $100,000 annually {based on current gross rents and property tax reimbursement}. THIS IS A PRIME ASSEMBLED CORNER LOCATION UNDER ONE OWNERSHIP! Building price details: $849,000.

Property Details

• Type: Retail
• Use Types:Mixed Use
• Status: Available
• MSA: Knoxville
• Zoning: C-3, R-2 AND R-1
• Buildings: 4
• Tenancy: Multiple Tenants

Exterior Features

• Parking Type: Surface

Terms

• Cash to Seller 

Agent

Map Locations