409 Grove St, Loudon, TN 37774
Commercial property for lease
- Description
- A unique opportunity to purchase the totally renovated historic Grove Building, a multi-tenant commercial and residential property in downtown Loudon TN. Included in this offering is a profitable Liquor Store Business. (The liquor store business is offered at an unbelievable price of cost of inventory plus $50,000! Loudon City only allows two Liquor permits. The Liquor Store business will be sold with the multi-tenant fee simple commercial property. The Grove Building received a total renovation in 2007. 2013 Appraisals value the property at $1,250,000. You must see for yourself the quality and workmanship involved in the renovation. Rental upside and a great opportunity to expand the liquor business in the vacant adjacent 500 sf space adds additional value to this investment property.CONTACT LISTING AGENT BEFORE SHOWING - PLEASE DO NOT DISTURB TENANTS Building price details: $925,000.
- Exterior Features
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Parking: Yes Parking Spaces: 33 Parking Type: Surface - Contact info
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Bryan PetettColdwell Banker Commercial Wallace & Wallace, Realtors
- Note
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- Property Details
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Building Name: THE GROVE BUILDING Property Type: Commercial (Other) Status: Available Lot Size: 0.230 Acres Number of Stories: 2 Year Built: 1900 Year Renovated: 2007 Submarket: Free-Standing Building, Mixed Use, Street Retail, Other MSA: Knoxville Zoning: C-1 DOWNTOWN GENERAL COMMERCIAL Buildings: 1 Construction: Brick Terms: Cash to Seller Added: 11/16/2017