115 E Broadway St, Lenoir City, TN 37771

$399,000 Asking Price

3,850  sqft
Built in 1920

Lenoir City Downtown Loft, Investment Opportunity Back on the market! Great opportunity to own 3,850 SF in Loudon County's main commercial corridor where business is booming with shopping and dining experiences, like Maui Waui, Ugly Mug Coffee and Master Donuts. Additionally, there is the exciting East TN Axe Throwing down the street. Lenoir City is a growing area but it is also near already developed areas such as Turkey Creek in Farragut, outlet shopping in Sevierville and Pigeon Forge and the expanding Maryville area. Owners can enjoy access to nearby lakes, golf courses, hiking, and entertainment venues like the Loudon Theatre. This is a perfect opportunity for retail, restaurant, bar, office, etc. With the open floor plan, the space allows for a lot of creativity of design. Additionally, owners will have an opportunity to receive a facade grant from City of Lenoir City to improve aesthetics and property value. Structural and foundational improvements potentially needed. Excellent street visibility with large store front windows to display product/advertisement. The upstairs may be converted into an apartment. Great opportunity for a business owner looking to live close to work!

Features & Amenities

Interior

Appliances:
None
Basement:
None
Flooring:
Other
Heating:
true, Other
Fireplace:
Other, None, Fireplaces: 0

Exterior

General:
Windows - Vinyl
Style:
Other
Parking:
Other

Construction

General:
Brick

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Loudon County - 32

Lot

Zoning:
020K J 008.00
View:
Other

Utilities

Water:
Other
Sewer:
Other

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Mike Fuller Realty & Co

About Lenoir City, TN

Housing

Number of Units
13,248
Median Home Value
$262,607
Median Rent
$607

23.69% of housing units are renter occupied.

6.26% are vacant.

Commute

Car
74.78%
Public Transportation
0.00%
Walk to Work
0.25%
Work from Home
24.50%
Other
0.36%

The median travel time to work is 18 minutes.

People

Population
30,526
Median Age
44.50
Median Household Size
2.54

Education

High School
30.18%
Associate’s Degree
7.87%
Bachelor’s Degree
18.50%
Graduate Degree
10.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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