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7651 E Lamar Alexander Pkwy, Townsend, TN 37882

New Listing
$1,399,000
Property Type: Multi-Family Status: Active
Current Price: $1,399,000 List Date: 5/09/2024 Last Modified: 5/09/2024

Description

Consists of three buildings on 1.73 acre, situated on Hwy 321 in Townsend, with frontage on the Little River. The brick building has previously been a cafe', an antique shop, and office space. It has it's own septic tank and private parking lot and signage, although it is currently being used as a long-term residential. The second structure fronting Hwy 321 is a residential home and is currently leased on a month to month basis. A private driveway wraps around the rear of the property that accessed the duplex which is currently being rented as a vacation rental property. It is possible to subdivide the properties, as each has it's own utilities/septic/city water source and ingress/egress. Great opportunity for a mixed use development or commercial use as zoning allows either. Very close proximity to the entrance to the Great Smoky Mountains National Park and adjoins the Townsend walking and biking trails.

More Information MLS# 1241921

Location, Tax & Legal Info

House #: 7651 St Dir: E Street Name: Lamar Alexander St Suffix: Pkwy State/Province: TN Zip Code: 37882 Area: Blount County - 28 City/County Code: City Limits PIN #: 096J A 017.00 Total Tax: 2292.16 Geo Lat: 35.67619 Geo Lon: -83.757619

Contract Info

Auction Y/N: No Listing Price: 1399000 Current Price: $1,399,000 Status: Active Listing Date: 2023-10-05 Cooperation Comp: 2 Compensation Type: %

General Property Description

Lot Dimensions: 343x25x106x35x123x193x82x143x181 Number of Units: 4 Utilities/Mo Avg: 400 Year Built: 1965 Property Status: N/A Driveway: Asphalt

Remarks & Misc

Directions: Hwy 321 in Townsend, to driveway next to the Phillips 66 Shell Station. Public Remarks: Consists of three buildings on 1.73 acre, situated on Hwy 321 in Townsend, with frontage on the Little River. The brick building has previously been a cafe', an antique shop, and office space. It has it's own septic tank and private parking lot and signage, although it is currently being used as a long-term residential. The second structure fronting Hwy 321 is a residential home and is currently leased on a month to month basis. A private driveway wraps around the rear of the property that accessed the duplex which is currently being rented as a vacation rental property. It is possible to subdivide the properties, as each has it's own utilities/septic/city water source and ingress/egress. Great opportunity for a mixed use development or commercial use as zoning allows either. Very close proximity to the entrance to the Great Smoky Mountains National Park and adjoins the Townsend walking and biking trails.

Status Change Info

Status Change Date: 2024-05-09

Property Features

Property Sub-Type: Duplex; Other Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Furnished; Other Sale Includes: Building and Land; Some Furnishings Floors: Carpet; Hardwood; Laminate; Tile Fuel: Electric; Propane Heat: Forced Air; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Grill; Microwave; Range; Refrigerator; Smoke Detector; Washer Construction: Frame; Frame - Brick Roof: Shingle Garage/Parking: None Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level New Financing: Cash; Conventional; New Loan
Listing Office: Parkside Realty Services
Office Phone: 865-448-1720
Last Updated: May - 09 - 2024
7651 E Lamar Alexander Pkwy, Townsend, TN 37882- MLS# 1241921
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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