7014 Cumberland Gap Pkwy
Mixed Use
Marketing description
This rare piece of property is directly across the parkway (US Hwy 25E) from Lincoln Memorial University, a 1000 acre campus with over 5,000 students in undergraduate, graduate, and professional programs. The 4800 sq ft building features 2,999 sq ft of retail space as well as a 1,817 sq ft. 2 bdrm/1 bath apartment and an open storage area below. It was built in 1985, originally as a restaurant but recently has been remodeled some and housed a Vape shop. It still needs some work, but so much has been completed in the last few months. This diamond in the rough is waiting for you to bring your vision and ideas to life.
Investment highlights
Choice location with excellent exposure: TN TDOT traffic counts of 16,500 vehicles per day along Cumberland Gap Pkwy. In addition to out of region travelers, Lincoln Memorial University students and employees as well as local residents allow for consistent day time and evening business. Claiborne County has a population of over 30,000 with over 4,000 living in the city of Harrogate, allowing a prospective small business to dominate the market share.
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