401 Devonia St Harriman, TN 37748-2010
- Medical offices
- 7,304 SF
- 0.22 lot acres
Jun 01, 2023
Current Use by Public Records
- Lanita Gann / Nurse Practitioner
Property Details for 401 Devonia St
- Year built
- 1962
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 7,304 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 073026F E 01101
- APU
- 073026FE01101
Description
This 7,208-square-foot commercial building, located at 401 Devonia St in the heart of Harriman, Tennessee (zip code 37748), presents a unique investment opportunity. Built in 1962, this Class C property sits on a 9,583-square-foot lot and is priced at $325,000. The building's versatile layout offers a multitude of possibilities, previously housing medical offices, a tanning salon, and other professional services. The spacious interior features two large reception areas, numerous offices spread across two floors (approximately 3,500 square feet downstairs and 3,700 square feet upstairs), and multiple entrances, ideal for multi-tenant occupancy. The property's adaptability extends to potential conversion into residential housing, catering to the community's needs. Harriman's demographics, with a median household income of $51,406, a population of 16,846, and a median age of 46.1, suggest a stable market. The building's size and location in downtown Harriman make it an attractive prospect for various businesses or redevelopment projects. The property is zoned for mixed-use, including hospitality, office, and retail uses. This presents a rare chance to acquire a substantial property in a thriving Tennessee town. Broker co-op is available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harriman
- County
- Roane
- State
- Tennessee
- Longitude
- -84.5524
- Latitude
- 35.9354
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA