rent to own home - Knoxville, TN - a commercial property

Back on Market, Open to Lease Purchase Great Visibility for Car Lot. Zoned Commercial/ Industrial.Large building and twelve apartments (4 o which are detached in separate bldg). Public water and sewer. All this on 1.57 acres on corner lot just off Old Rutledge Pike; 2 mis from I-40;Minutes from city limits;great income potential or investment property.Buildings need work.Call for information for private showing. New Red Light just installed at corner of Rutledge Pike and Old Rutledge Pike.Great investment property! 5700 Old Rutledge Pike. in Knoxville, TN.This 1.5+ acre corner lot screams location, location, location! The commercial property is perfectly placed on the major thoroughfare of Rutledge Pike near Interstate 40 and Interstate 640. Reported traffic counts for this commercial property are well over 16,000/day!This property also offers a corner location with controlled traffic, superior visibility and road frontage, excellent community demographics and public utilities.The projected uses for this commercial property are limitless with the large parking areas, visibility, and 2 existing structures available for renovation, if the new owner so desires. The zoning is Busines...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID209344958
Living Area (sqft)5,910
Property TypeCommercial

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