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10225 Chapman Hwy

Seymour, TN 37865
  • $725,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 246836
UPDATED: 50 min ago
$725,000
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,042
    SQFT
  • $144
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1969
County:
Area:

School Ratings & Info

Listing courtesy of Goldman Partners Realty, Llc.


Description

For Sale or Lease - Former bank building in Seymour, TN. Last tenant was CNB Bank who relocated nearby. The property is currently vacant and in excellent condition. Good opportunity for an owner-occupant or investor. Exceptional location for a bank/credit union, Medical, jeweler, attorney, real estate or other professional office or other use. This property has great visibility on busy Chapman Hwy. which has high traffic counts (28,908 ADT). The property is located in unincorporated Blount County almost midway between downtown Knoxville (9.5 miles) and Sevierville (14 miles). The property is 0.62 acres and has 28 parking spaces and street access on three streets. Two pole signs. The building is approximately 5,042 sq. ft. on 2 floors and has a drive-through set-up. The upper level has large open area with teller stations, one large office and a large vault (it conveys, as does all smaller safes and other fixtures). There is a stairway down to the lower level which features a conference room, 2 restrooms, small kitchen/break room & 2 private offices. The lower level has an exterior entrance and a roll up gate at the bottom of the stairs which allowed the prior tenant to allow civic groups to use the space when the bank was closed. CapEx includes: New 5-ton HVAC (2017) (1 of 3 units); New roof (2014), Paving (2012). LEASE TERMS Owner prefers to sell but will consider an absolute net lease to a tenant with strong credit at $9.52/SF/Yr. ($4,000/month) as Base Rent + Additional Rent for property taxes . Tenant responsible for building insurance and all maintenance of the property. Lease Term at least five (5) years and subject to Landlord sole approval of the tenant's credit worthiness. HIGHLIGHTS High traffic count Great visibility Well maintained Ample parking

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2022-01-27T09:15:33.187.
www.smokymountainhomesearch.com/homes/124590477
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10225 Chapman Hwy Seymour, TN 37865

  • Price: $725,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 50 min ago
  • ID#: 246836
0
Beds
0
Baths
0
½ Baths
0.62
Acres
5,042
SQFT
$144
$/SQFT
1969
Built
Neighborhood:
N/A
County:
Blount
Area:
Blount
Property Description
For Sale or Lease - Former bank building in Seymour, TN. Last tenant was CNB Bank who relocated nearby. The property is currently vacant and in excellent condition. Good opportunity for an owner-occupant or investor. Exceptional location for a bank/credit union, Medical, jeweler, attorney, real estate or other professional office or other use. This property has great visibility on busy Chapman Hwy. which has high traffic counts (28,908 ADT). The property is located in unincorporated Blount County almost midway between downtown Knoxville (9.5 miles) and Sevierville (14 miles). The property is 0.62 acres and has 28 parking spaces and street access on three streets. Two pole signs. The building is approximately 5,042 sq. ft. on 2 floors and has a drive-through set-up. The upper level has large open area with teller stations, one large office and a large vault (it conveys, as does all smaller safes and other fixtures). There is a stairway down to the lower level which features a conference room, 2 restrooms, small kitchen/break room & 2 private offices. The lower level has an exterior entrance and a roll up gate at the bottom of the stairs which allowed the prior tenant to allow civic groups to use the space when the bank was closed. CapEx includes: New 5-ton HVAC (2017) (1 of 3 units); New roof (2014), Paving (2012). LEASE TERMS Owner prefers to sell but will consider an absolute net lease to a tenant with strong credit at $9.52/SF/Yr. ($4,000/month) as Base Rent + Additional Rent for property taxes . Tenant responsible for building insurance and all maintenance of the property. Lease Term at least five (5) years and subject to Landlord sole approval of the tenant's credit worthiness. HIGHLIGHTS High traffic count Great visibility Well maintained Ample parking
Exterior Features

Access State RoadHighway Construction MasonryBrickStucco Exterior Features Pole Sign

Interior Features

Basement Walk-Out AccessFinishedFull Bonus Rooms No Cooling Central Air Heating Central Interior Features Restrooms Number Of Rooms 6 Restrooms 2 Stories Two

Property Features

Annual Tax 5878.60 Commercial Type Fee Simple Improved Current Use Retail District 13 Lot Block Unit N/A Owner Financing No Proposed Financing CashConventional1031 ExchangeSba Restrictive Covenants No Suitable Use Convenience StoreMedical/DentalFranchiseOfficeRetail Tax Year 2020 Utilities Cable AvailableWater ConnectedElectricity AvailableElectricity ConnectedHigh Speed InternetInternetSatelliteWater Available Zoning C-1 Zoning Entity Blount County

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Goldman Partners Realty, Llc | Office Phone: 8654443240 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2022-01-27T09:15:33.187.
 
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Century 21 Legacy
3224 East Parkway Gatlinburg
Gatlinburg TN, 37738
Listing courtesy of Goldman Partners Realty, Llc.