Current zoning code which the home is situated on, I - Industrial (Property Type Residential, Land Use One Family). Property also includes a 1500 sq. ft. Detached Garage. Home is being sold with 2 additional parcels of land, referred to as The Yard, and known as 1021 E Hendron Chapel Rd. First tract, Parcel ID: 125 28003 with Alternate ID: 122614 (Property Type Commercial, Land Use Business) - consists of the main building with 4 bays and multiple dwellings that currently provide consistent rental income. Lowes Auto Parts has a Salvage Yard License, Dismantler/Recycler License and a Dealer License. The second parcel, Parcel ID: 125 280 with Alternate ID: 122617 (Property Type Commercial, Land Use Business) - property has a Landing Strip that could be revitalized. All three parcels are being sold as one unit. Sewer available at the street. Two manufactured homes (residences) and two commercial structures with month-to-month rentals are currently generating additional revenue. East Tennessee is known for its strong sense of community and support for local businesses. Buying a family business in this region can provide you with access to a network of fellow business owners, community organizations, and resources that can help you succeed and grow your business. Geographically, the location of this family-owned business which was established in the 1950s is: within 5 minutes of Johnson University and 15 minutes of The University of Tennessee; within minutes of Seymour in Sevier County; close proximity to the interstate system; great location for metal recycling if interested in developing the metal recycling side of business; heavy equipment business interests; or perhaps land development. Buyer due diligence to confirm all information.
Listing courtesy of The Ferguson Company.
Agent: Denise Yeo | yeorealtor@gmail.com
Office: The Ferguson Company | (865) 690-1300