1613 Hutchinson Avenue is aland property for lease in Knoxville, TN.
This property offers a rolling acre with all utilities available. Level topography on the frontage offers views, then rolling down towards the back of the lot. Ideal for upper level/lower level office or multifamily. Property is zoned O-1 and falls within the historic design overlay. Multifamily/single family would require rezoning or use on review for R-2 development.
The cellular tower that sits on the site has been deeded a permanent easement and offers no income on the property. If the tower is ever decommissioned, the land reverts to the property owner, with tower being removed and property being restored. Tower is not reflected in the advertised acreage or value.
The cellular company does have a 30 day first right of refusal on a purchase agreement.
• Sharp's Ridge views
• Utilities available
• Sloping from frontage to back, ideal for upstairs/downstairs multi-tenant
• In the heart of the Broadway/North Knoxville upswing
• Priced to sell