$2,400,000
Knoxville, TN 37902
MLS# 1021546
Status: Closed
16300 sqft
1 / 15
Property Description
Historic building in prime Gay Street location has unlimited development potential. Zoned C-2/D-1, this property is well suited for an upscale showroom, retail, or restaurant on the main level, with 3 additional floors of flex space just waiting for the perfect corporate office, hospitality group, or private residential tenant. This rare opportunity lends itself to custom design and high quality buildout like no other. Two doors from the Tennessee Theater, occupants will enjoy Gay Street views and access while in the heart of the vibrant Theater District. Downtown Knoxville is quickly growing into a ''Must See and Experience'' destination.
Details
Location, Tax & Legal Info
Unit #: 1-4
Area: Knox County - 1
City/County Code: City Limits
Total Tax: 30396.22
Contract Info
Auction Y/N: No
Listing Price: 2500000
Current Price: $2,400,000
Status: Closed
Listing Date: 2017-11-02
Location
Central Busns Area: 1
Inside City: 1
General Property Description
Lot Dimensions: 32x145
Acres: 0
# of Buildings: 1
Restrictions: Yes
Stories: 4
Zoning: C2/D1
Property Status: N/A
# Parking Spaces: 0
Condition: Good
SqFt - Total (Aprox): 16300
Remarks & Misc
Directions: I-40 to Henley St. Exit, TL onto W. Church Ave SW, TL onto S. Gay St. Building on right, sign on bldg.
Public Remarks: Historic building in prime Gay Street location has unlimited development potential. Zoned C-2/D-1, this property is well suited for an upscale showroom, retail, or restaurant on the main level, with 3 additional floors of flex space just waiting for the perfect corporate office, hospitality group, or private residential tenant. This rare opportunity lends itself to custom design and high quality buildout like no other. Two doors from the Tennessee Theater, occupants will enjoy Gay Street views and access while in the heart of the vibrant Theater District. Downtown Knoxville is quickly growing into a ''Must See and Experience'' destination.
Commercial Type
Commercial: 1
Office Building: 1
Retail: 1
Shopping Center: 1
Construction
Masonry: 1
Sale/Lease Includes
Fee Simple: 1
Siding
Brick: 1
Stone: 1
Road Access
Public Road: 1
Miscellaneous
220 Volt Power: 1
DSL Available: 1
Handicap Accessible: 1
Inside Storage: 1
Internet Available: 1
Rest Rooms: 1
Wired for DSL: 1
Wired for Internet: 1
Cooling
Other: 1
Utilities on Site
Electric: 1
Public Water: 1
Sewer: 1
Telephone: 1
Fuel
Electric: 1
Gas (Natural): 1
Additional Info
Tax Information: 1
Easements
Other: 1
Heat
Other: 1
Expenses Included
Other: 1
Building/Business Tp
Bar/Tavern/Lounge: 1
Church: 1
Dental: 1
Food Service: 1
Franchise: 1
Historical: 1
Hotel/Motel: 1
Medical: 1
Professional Service: 1
Professional/Office: 1
Retail: 1
Other: 1
Equipment
Elevator: 1
Fire Alarm: 1
Fixtures/Furniture: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 612
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 095if034
Geo Lat: 35.964047
Geo Lon: -83.917181
Status Change Info
Status Change Date: 2019-01-03
Under Contract Date: 2018-12-28
Sold Date: 2019-01-02
Sold Price: $2,400,000
Property Features
Commercial Type: Commercial; Office Building; Retail; Shopping Center
Road Access: Public Road
Utilities on Site: Electric; Public Water; Sewer; Telephone
Additional Info: Tax Information
Fuel: Electric; Gas (Natural)
Heat: Other
Cooling: Other
Location: Central Busns Area; Inside City
Construction: Masonry
Siding: Brick; Stone
Easements: Other
Expenses Included: Other
Equipment: Elevator; Fire Alarm; Fixtures/Furniture
Miscellaneous: 220 Volt Power; DSL Available; Handicap Accessible; Inside Storage; Internet Available; Rest Rooms; Wired for DSL; Wired for Internet
New Financing: Cash; Conventional
Showing: See Agent Instructns
IDX
Listing Office: Alliance Sotheby's International
Office Phone: 865-357-3232
Last Updated: January - 03 - 2019
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.