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Multi-Office Commercial Building
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240 W Tennessee Ave, Oak Ridge, TN 37830

Commercial building with up to six offices, separate entrances and bathrooms, new HVAC, and ample parking.

Property SizeContact for details
Days on Market78

Property Features for 240 W Tennessee Ave

General Information

Standard status Active
Property subtype OFFICE

Additional Details

Office Units 6

Amenities

security system
kitchenette
separate phone and internet
separate entrances
separate bathrooms
Listing Agency: Single Tree Realty Co
Listed By: David Wyrick · License #280086
Source: Moodyscre
Added: Jun 23 Changed: Sep 2 Last Checked: Sep 8 at 8:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Single Tree Realty Co

Investment Insights

Based on property information with market context.

This commercial building offers up to six individual office units, described as move-in ready. Each unit features its own entrance and bathroom, and several offices include a kitchenette. Improvements noted include new HVAC and a retaining wall. The property is also reported to be equipped with a security system, with separate phone and internet installed for the units, and is described as up to code with the city and fire department.

Located at 240 W Tennessee Ave in Oak Ridge, the property is stated to be minutes from Jackson Square and downtown Oak Ridge, and steps from Methodist Medical Center. The remarks also indicate plenty of parking to support tenant and visitor access.

Key Highlights

  • Commercial building with up to 6 individual offices
  • Each unit has separate entrances and separate bathrooms
  • New HVAC and a retaining wall

Property Analytics

Current Use

Law Office of Jennifer ... Law Firm Hasty Jo Ann Counselor

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 37830, TN

31,839
Population
15,110
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
84.8 sq mi
ZIP Area
375
Density / Sq Mi
$70,795
Median Household Income
$41,293
Median Earnings
$1,076
Median Rent
$234,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Commercial building with up to six offices, separate entrances and bathrooms, new HVAC, and ample parking.
Where is this office units located?
The property is located at 240 W Tennessee Ave Oak Ridge, TN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Commercial building with up to 6 individual offices; Each unit has separate entrances and separate bathrooms; New HVAC and a retaining wall
(865) 806-3042 Call to check price and availability
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