412 N Gateway Ave, Rockwood, TN 37854

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J. Greg W.

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Building Details:

• Year Built: 1957

412 N Gateway Ave is aretail property for lease in Rockwood, TN.

Extremely well located property on the main thoroughfare in Rockwood along Gateway Avenue (U.S. Highways 27/70) near several national/regional retailers including Hardees, Subway, Dollar General & Family Dollar. The property is a former Ford Dealership covering a city block and offering 400 feet of frontage on U.S. 27/70 with two corners/side streets. Property has three curb cuts along Highways 27/70 and two curb cuts from the side streets, as well as access from an alley along the rear. The front +/- 3,805 SF of the building is occupied by Gateway Spirits--the first of only two liquor/wine stores allowed in Rockwood! Building consists of a front retail area and a garage area in the rear featuring 12 overhead doors (2 @ 12'W x 16'H and 10 @ 10'W x 12'H). Garage area has a 18' eaves, a service pit, built-in lift and air lines. Property has a fenced area with coded access for storage of boats/RV's. The retail area was updated in 2009 for the liquor/wine store. Other updates include exterior paint, electrical/plumbing, signage, roof covering, parking lot resurfacing and new HVAC units. The existing building is located at the northern corner of the property. The southern portion of the property could easily be developed with an alternate use or sold off. (The liquor store and inventory are available for sale by separate agreement, or current owner is willing to lease the space for the liquor store from the new purchaser). Owner/agent.

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