5710 Western Ave, Knoxville, TN 37921 - retail-commercial property

Detailed information about retail-commercial property which situated in Knoxville (37921) city, Tennessee state on 5710 Western Ave.
Suburban retail area

Additional Information: 10%+ cash on cash. Ideal for redevelopment, an investor, or a owner/user who can use the car lot and enjoy the income from the tenant & car wash. Great location on Western Ave, approx. midway between I-640 and Schaad Rd. It is just NW of McKamey Rd. It is adjacent/west of the Strike & Spare bowling alley and directly across from the Cumberland Estates S/C with Food City, Dollar General, Autozone. From I-640: Exit Western Ave and go NW approx. 2.2 miles to subject on left. Or from Schaad Rd: Travel SE approx. 1.8 miles Two Current Plus 1 Potential Income Source: 2-Bay Oil Change with Basement. Property has a 2-bay quick oil-change operation on a month-to-month lease. Tenant has 5 +/- year history at site and wishes to stay: pays $2,500 per month plus all utilities. 4-bay Self-Serve Car Wash. Tenant also operates the 4-bay self-service car wash for owner but if purchaser chooses to operate, should generate $1,000-1,200 per month additional income. 1/4 Acre Car Lot. Site also contains a fenced and graveled acre car lot with pro forma income of $1,000 per month. Car lot is permitted under existing C-4 zoning and an existing sign is on property. Fenced area has approximately 100' frontage x 130'. Road Widening project to 4 Lanes in front of Subject is underway. It will not change access. Traffic Counts: 19,091 (2010 TPO) Environmental Reports Available.