700 Grove St - Freestanding FOR SALE


Loudon, TN 37774
$769,000 USD
423-836-4745
700 Grove St, Loudon, TN for Sale
$769,000 USD
Freestanding - FOR SALE
1/51
null | Request Cap Rate

700 Grove St
Loudon, TN 37774


OVERVIEW

Discover the potential of this prime 2-story brick commercial building at 700 Grove Street in downtown Loudon. Built in 2016, this 4,039 sq ft property sits on 0.33 acres with a lot size of 100 x 130, and offers a private parking lot with 17 spaces. The main level features an open-concept layout, formerly a deli but now a blank slate ready for your vision. It includes a restroom, office space, and a large storage area, plus a covered patio with views of downtown. The second floor is fully renovated and ready to use, with two separate office spaces, each with its own restroom, and a versatile conference room. Zoned C1 Commercial, this property could be used as a mixed-use space per Loudon city zoning. All utilities are provided through Loudon Utilities, making it an ideal investment for business owners or developers.

FOR SALE DETAILS

PRICE

$769,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Converted

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,802 SF

ZONING

C1

APN/PARCEL ID

041B-D-003.00

ASK ABOUT THIS PROPERTY

Scott WilsonRealty Executives Main StreetMore Info
423-836-4745

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Scott WilsonRealty Executives Main StreetMore Info
423-836-4745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.