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2115-2131 E Magnolia ave 16,465 SF 100% Leased Retail Building Knoxville, TN 37917 $3,000,675 CAD ($182.25 CAD/SF)
Investment Highlights
- Located on gentrifying Magnolia Ave!
Executive Summary
MOTIVATED SELLER JUST REDUCED BY $50K.
This amazing shopping center consists of 3 different parcels with a total of 10 tenants. 2 miles from downtown Knoxville. Excellent time to get in as this area is being completely revitalized initiated by the new Health Park Stadium aiming to create a vibrant mixed-use district along Magnolia!
Property went under major renovations at the end of 2023.
Motivated owner.
DO NOT approach or disturb tenants. Proof of funds and/or preapproval letter required in order for scheduled showings. Thank you.
Call Veronica today! 239-224-8919
Call Veronica today! 239-224-8919
Please bring offers.
NDA required for financials.
This amazing shopping center consists of 3 different parcels with a total of 10 tenants. 2 miles from downtown Knoxville. Excellent time to get in as this area is being completely revitalized initiated by the new Health Park Stadium aiming to create a vibrant mixed-use district along Magnolia!
Property went under major renovations at the end of 2023.
Motivated owner.
DO NOT approach or disturb tenants. Proof of funds and/or preapproval letter required in order for scheduled showings. Thank you.
Call Veronica today! 239-224-8919
Call Veronica today! 239-224-8919
Please bring offers.
NDA required for financials.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,465 SF
Building Class
C
Year Built
1992
Price
$3,000,675 CAD
Price Per SF
$182.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
DK-G - Downtown Knoxville Subdistrict
Parking
50 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
154’ on East Magnolia Avenue
Amenities
- Accent Lighting
- Air Conditioning
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $426,445 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$426,445 CAD
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Presented by
SWF Preferred Realty
2115-2131 E Magnolia ave
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