301 Wall Ave
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301 Wall Ave
58,000 SF Retail Building Knoxville, TN 37902 £13,224,750 (£228/SF)
Investment Highlights
- Prime development opportunity located in the heart of Knoxville, TN.
- Atrium from first floor to third bringing lots of natural light.
- Second and third floors can be office, multifamily or hotel.
Executive Summary
A standalone structure situated at the prominent intersection of Wall Avenue and Gay Street, this building formerly served as the headquarters of the TVA Credit Union. Offering an impressive 58,000 square feet of space, this facility presents a versatile canvas for potential development, spanning a spectrum of uses such as mixed-use, office, multifamily, or hotel accommodations. With an investment exceeding $800,000 in demolition and preparation work, the building's structural integrity is primed for development to meet future requirements.
Additionally, the property is available for lease, and for those seeking the entirety of the building, it can be secured at $22 psf.
For inquiries or to schedule a viewing, please do not hesitate to contact Orel Brodt at (865) 621-0670.
Additionally, the property is available for lease, and for those seeking the entirety of the building, it can be secured at $22 psf.
For inquiries or to schedule a viewing, please do not hesitate to contact Orel Brodt at (865) 621-0670.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Bank
Building Size
58,000 SF
Building Class
B
Year Built/Renovated
1956/1986
Price
£13,224,750
Price Per SF
£228
Tenancy
Single
Number of Floors
3
Building FAR
9.51
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
7 Spaces (0.12 Spaces per 1,000 SF Leased)
Frontage
134 ft on Gay St
Amenities
- Bus Route
- Air Conditioning
- Smoke Detector
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £1,685,298 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,685,298
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301 Wall Ave
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