19421 Alberta St Oneida, TN 37841
For Sale
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This exceptional mixed-use commercial property, located at 19421 Alberta St. in Oneida, Tennessee (zip code 37841), presents a remarkable investment opportunity. The 3,267 square foot building, constructed in 1945 and partially renovated in 2012, sits on a prominent 182-foot road frontage along Highway 27, boasting approximately 8,705 vehicles passing daily. Its strategic location offers excellent visibility and accessibility, with convenient access to both Alberta Street and Sheppard Road, making it ideal for businesses requiring drive-thru capabilities. The property is zoned for commercial use and comprises four separate units. Two units feature individual front entrances and dedicated heating, air conditioning, and bathrooms. An additional unit serves as a breakroom, and a smaller, 12-foot structure provides storage (not depicted on available sketches). One unit, previously a beauty salon, underwent a 2012 renovation, including updated electrical, plumbing, and HVAC systems. The property's proximity to Walmart (approximately a quarter-mile north) further enhances its appeal. This Class C building offers significant potential for a variety of businesses and represents an outstanding value in Oneida's bustling commercial district. The property is available for occupancy starting September 12, 2024. The asking price is $249,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Comparables
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Property description
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Risks
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