700 Grove St
4,039 SF Office Building Loudon, TN 37774 $769,000 ($190/SF)
Executive Summary
Discover the potential of this prime 2-story brick commercial building at 700 Grove Street in downtown Loudon. Built in 2016, this 4,039 sq ft property sits on 0.33 acres with a lot size of 100 x 130, and offers a private parking lot with 17 spaces. The main level features an open-concept layout, formerly a deli but now a blank slate ready for your vision. It includes a restroom, office space, and a large storage area, plus a covered patio with views of downtown. The second floor is fully renovated and ready to use, with two separate office spaces, each with its own restroom, and a versatile conference room. Zoned C1 Commercial, this property could be used as a mixed-use space per Loudon city zoning. All utilities are provided through Loudon Utilities, making it an ideal investment for business owners or developers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,039 SF
Building Class
C
Year Built
2016
Price
$769,000
Price Per SF
$190
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,020 SF
Building FAR
0.28
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
PROPERTY TAXES
Parcel Number | 041B-D-003.00 | Improvements Assessment | $206,560 |
Land Assessment | $25,600 | Total Assessment | $232,160 |