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2112 E Magnolia Ave.

Knoxville, TN 37917
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • ID#: 257177
Under Contract
UPDATED: 36 min ago
$699,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,942
    SQFT
  • $64
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Listing courtesy of Realty Works, Llc.


Description

Multi-Purpose use building, so MUCH opportunity in the heart of Knoxville. This incredibly historic brick building is framed with soaring Georgian columns encompassing the 2 story covered concrete porch. This piece of history on Magnolia Ave sits on 2 over sized lots touching 2 streets and totaling just at 1 acre. A large section of the land is hard top for parking and recreation. There is a fenced area and covered portico. Both of the 2 levels have drive-up loading access. As you enter the huge lobby area with soaring ceilings and tons of light you have access to the enormous sanctuary or hall and stairs leading to other sections of the building. The main level has the lobby, sanctuary, common living/ meeting or hall room, 2 other small rooms and 2 half bathrooms. On the upper level there is a 1- bedroom apartment (with current m/m tenant), with full kitchen, living room, bedroom and full bathroom; 4 other rooms and a huge 3rd sanctuary, living or meeting room. Beyond that is a back section with 3 huge rooms and now serving a commercial industrial tenant. There is another commercial space on the main back area now serving a commercial tenant. There are lovely wood floors throughout both levels. Some updating and remodel has been done over the last 10 years. Don't miss this opportunity for repurposing of one of Magnolia's finest buildings.

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Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2023-05-31T18:16:04.24.
www.smokylistings.com/homes/139328612
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2112 E Magnolia Ave. Knoxville, TN 37917

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 36 min ago
  • ID#: 257177
0
Beds
0
Baths
0
½ Baths
0.97
Acres
10,942
SQFT
$64
$/SQFT
1925
Built
Neighborhood:
Blang Add Pt 4
County:
Knox
Area:
Knoxville
Property Description
Multi-Purpose use building, so MUCH opportunity in the heart of Knoxville. This incredibly historic brick building is framed with soaring Georgian columns encompassing the 2 story covered concrete porch. This piece of history on Magnolia Ave sits on 2 over sized lots touching 2 streets and totaling just at 1 acre. A large section of the land is hard top for parking and recreation. There is a fenced area and covered portico. Both of the 2 levels have drive-up loading access. As you enter the huge lobby area with soaring ceilings and tons of light you have access to the enormous sanctuary or hall and stairs leading to other sections of the building. The main level has the lobby, sanctuary, common living/ meeting or hall room, 2 other small rooms and 2 half bathrooms. On the upper level there is a 1- bedroom apartment (with current m/m tenant), with full kitchen, living room, bedroom and full bathroom; 4 other rooms and a huge 3rd sanctuary, living or meeting room. Beyond that is a back section with 3 huge rooms and now serving a commercial industrial tenant. There is another commercial space on the main back area now serving a commercial tenant. There are lovely wood floors throughout both levels. Some updating and remodel has been done over the last 10 years. Don't miss this opportunity for repurposing of one of Magnolia's finest buildings.
Exterior Features

Access City StreetPaved Construction Brick Exterior Features FencedLightingPole Sign

Interior Features

Basement Dirt Floor Bonus Rooms Yes Cooling Ceiling Fan(S)Central AirElectric Heating CentralElectric Number Of Bonus Rooms 2 Number Of Rooms 20 Restrooms 4 Stories Two

Property Features

Annual Tax 4819.69 Commercial Type Fee Simple Improved Current Use ApartmentManufacturingOfficeRetail District Cit Financial Remarks CashConventionalNew Loan Lot Block Unit 202122 Owner Financing No Proposed Financing CashConventional1031 Exchange Restrictive Covenants No Suitable Use ApartmentIndustrialManufacturingMedical/DentalOfficeRetailWarehouse Tax Year 2019 Utilities Electricity ConnectedInternetWater Connected Zoning C-2 Zoning Entity Other

Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Realty Works, Llc | Office Phone: 8653661005 .

Copyright 2023 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2023-05-31T18:16:04.24.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Realty Works, Llc.