8028 Chapman Hwy

    Knoxville, TN 37920
    • $1,200,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 217880
    UPDATED: 73 min ago
    $1,200,000
    • 0
      BEDS
    • 3.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,549
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Listing courtesy of Priority Real Estate.

    Description

    A rare opportunity to buy 657.40 feet of frontage on Chapman Hwy in the hot South Knoxville area. Seller has been in business at this location for nearly 30 years. Sale consists of 3.98+/- acres with 3 buildings. More acreage available for a total of 12.70 +/- Building 1 is 4000 sq ft currently used as a auto repair, salvage and used car lot. Five overhead garage doors. Waste oil heater. secured fenced area. Paved frontage with lighted sign and reader board. Customer waiting area. 8 lifts including 2 twin post, 3 drive in on center post lifts and 3 center post lifts. Public water. On septic with force fed sewer at road. Buildings 2 and 3 are combined 1760 sq ft and 2789 sq. ft. and include 2 center post lifts, 5 overhead doors, upstairs storage area, secured fenced area and mor. All mounted items go with business and buildings. Other items negotiable including licenses for waste water permit, salvage license and dealership license. Building 2 is rented for $1000 a month. Several utility vehicles can also be purchased. The property attaches to another 8.72 acres that can be sold along with the Chapman frontage property for an additional $325,000. This acreage has three rental properties on them including a 4-room farmhouse that rents for $800 a month, a 3 bedroom 3 bath brick home that rents for $1000 a month, and a 1 bedroom 1 bath mobile home that rents for $550 per month. Total combined acreage 12.70 +/- Keep as existing business with a customer base of approximately 200 clients or develop. Would be a great location for apartments, hotel or restaurant. Additional acreage can not be sold separately. Only sold with frontage. Rental and business income. On septic, sewer at road.

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    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Billy Houston Group | Realty Executives. Information deemed reliable but not guaranteed. Last updated 2018-10-23T18:15:49.5.
    www.billyhoustongroup.com/homes/86397959

    8028 Chapman Hwy Knoxville, TN 37920

    • Price: $1,200,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 217880
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.98
    Acres
    8,549
    SQFT
    $140
    $/SQFT
    1975
    Built
    Neighborhood:
    None
    County:
    Knox
    Area:
    South Knoxville
    Property Description
    A rare opportunity to buy 657.40 feet of frontage on Chapman Hwy in the hot South Knoxville area. Seller has been in business at this location for nearly 30 years. Sale consists of 3.98+/- acres with 3 buildings. More acreage available for a total of 12.70 +/- Building 1 is 4000 sq ft currently used as a auto repair, salvage and used car lot. Five overhead garage doors. Waste oil heater. secured fenced area. Paved frontage with lighted sign and reader board. Customer waiting area. 8 lifts including 2 twin post, 3 drive in on center post lifts and 3 center post lifts. Public water. On septic with force fed sewer at road. Buildings 2 and 3 are combined 1760 sq ft and 2789 sq. ft. and include 2 center post lifts, 5 overhead doors, upstairs storage area, secured fenced area and mor. All mounted items go with business and buildings. Other items negotiable including licenses for waste water permit, salvage license and dealership license. Building 2 is rented for $1000 a month. Several utility vehicles can also be purchased. The property attaches to another 8.72 acres that can be sold along with the Chapman frontage property for an additional $325,000. This acreage has three rental properties on them including a 4-room farmhouse that rents for $800 a month, a 3 bedroom 3 bath brick home that rents for $1000 a month, and a 1 bedroom 1 bath mobile home that rents for $550 per month. Total combined acreage 12.70 +/- Keep as existing business with a customer base of approximately 200 clients or develop. Would be a great location for apartments, hotel or restaurant. Additional acreage can not be sold separately. Only sold with frontage. Rental and business income. On septic, sewer at road.
    Exterior Features

    Access County RoadPaved RoadState Highway Construction BlockMasonry Exterior Features FencedLightingOnsite ParkingOutbuildingPaved ParkingPole Sign Lot Front 665 Parking 75

    Interior Features

    Basement None Cooling Window Unit Heating OtherWall Heater Interior Features 220VDisplay WindowFurnitureInside StorageReception AreaRestrooms Restrooms 3 Rooms 12 Stories Two

    Property Features

    Annual Tax 2806 Business Name Withheld Commercial Type Fee Simple Improved Common Area Maintenance LandscapingOther Common Area Maintenance Per Month 0 Current Use Auto Service District Cou Documents On File Aerial PhotoAppraisalProperty DisclosureSeptic PermitSurvey Hoa Per Month 0 Lot Block Unit 0 Possession At Closing Proposed Financing CashConventional Restrictive Covenants No Sale Or Rent For Sale Suitable Use Auto ServiceConvenience StoreFood ServiceFranchiseManufacturing/IndustrialOfficeRetailWarehouse Tax Year 2017 Utilities ElectricGasPhoneSewer AvailableUtility WaterHas Septic Zoning Comm./Indust. Zoning Entity Other

    Copyright 2018 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Billy Houston Group | Realty Executives. Information deemed reliable but not guaranteed. Last updated 2018-10-23T18:15:49.5.
     
    Billy Houston Group | Realty Executives
    109 S Northshore Drive, Suite 201
    Knoxville TN, 37919
    Listing courtesy of Priority Real Estate.