45,000 SF Warehouse AND Business For Sale

Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 28862661
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 45,000 SF
Gross Land Area: 7.70 Acres
Sale Price: $750,000
Unit Price: $16.67 PSF
Ceiling: 25 ft.
Drive In Bays: 2 Bays
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

GREAT INDUSTRIAL PROPERTY & COMMERCIAL BUSINESS OPPORTUNITY!! This 45,000 Sq Ft warehouse currently serves as a licensed used car dealership and used car lot, auto restoration facility with recycling, licensed auto dismantling business, new and used auto parts, retail warehouse and auto parts locator service business. Along with this property sale, owner will include the transferable business licenses, business assets and inventory, contact listing agent to discuss opportunity. OWNER RETIRING!!

Located in the Cherokee Industrial Park immediately off West Elk Drive, property includes well maintained and constructed rigid metal frame building with finished office space situated on 7.7 acres fronting Watauga River. Building size is 150 'x 300'. Lot is partially fenced. Ideal for continued business operation, manufacturing, distribution, storage, truck garage or wholesale industry. May be rezoned and/or subdivided.

Additional Details

Nearest MSA: Johnson City
County: Carter
Tax ID/APN: 041A A 016.05
Zoning: M2
Market Type: Large
Road Type: Paved, Highway
Transportation: Highway
Highway Access: Interstate 81, Interstate 26
Airports: Tri Cities
Site Description: Open, gentle slope to the Watauga River
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1990
Roof Type: Hip
Construction/Siding: Metal Siding
Parking Type: Surface
Volts: 220
X-Phase: Single
Heat Type: Electricity
Heat Source: Ceiling Units
Air Conditioning: Window Unit
Lighting: Fluorescent
Interior Description: Open
Zoning Description: M2
Lot Frontage: 480 road frontage
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Personal
Legal Description: Carter County, TN parcel #041A A 016.05

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,604 20,756 41,062
Median Age: 43.15 42.36 41.51
Households: 2,081 8,766 17,284
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