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$ 160,000
Est. payment | /mo
3 Baths
$ 160,000
Est. payment | /mo
3 Baths
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11684096
Full Baths 3
Year Built 1968
Property Description
* "TRIPLE INCOME. UNLIMITED POTENTIAL." * "LIVE. LEASE. SCALE." * "3 UNITS | COMMERCIAL ZONING | HIGH VISIBILITY" * "INCOME-PRODUCING OPPORTUNITY ON HWY 22" ⸻ Listing Description (Ready to Use) Positioned along HWY 22 with excellent visibility and access, this versatile property offers a rare blend of income-producing residential use with commercial zoning flexibility-a true multi-strategy investment. Currently configured as three separate residential units, each space features: * 2 bedrooms, 1 full bath * Full kitchen with appliances * Comfortable living areas suitable for long-term or short-term rental use Whether you're an investor seeking immediate cash flow, an owner-occupant looking to live in one unit and rent the others, or a business-minded buyer needing commercial zoning with residential functionality, this property delivers. Situated on approximately 1.13± acres (combined parcels), the exterior offers: * Expansive paved parking area * Large barn/shed for storage or additional use * Ample space for tenants, customers, or future expansion The property is zoned commercial, opening the door to a wide range of possibilities including office, retail conversion, mixed-use development, or continued residential income (buyer to verify intended use). Recent sale history and existing configuration reflect strong upside potential for the savvy buyer ready to maximize returns. ⸻ Why This One Stands Out * 3 income-producing units already in place * Commercial zoning = flexibility + future value * Highway frontage = visibility + accessibility * Large parking + outbuildings = rare bonus * Priced at $160,000 for multi-unit opportunity
Location
State TN
County 47017
Rooms
Dining Room 0
Kitchen 0
Exterior
Parking Features Detached
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Frame
NEARBY SCHOOL & BUSINESS
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Shawn Wilmoth, CCIM
Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States