612 S Gay St 1-4, Knoxville, TN 37902

$2,400,000
Property Type: Commercial Square Footage: 16,300 Status: Closed
Current Price: $2,400,000 List Date: 11/02/2017 Last Modified: 1/03/2019

Overview

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.

Listing Details MLS# 1021546

Location Tax Legal Info

House #
612
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095if034

Contract Info

Auction Y/N
No
Listing Price
2500000

General Property Description

SqFt – Total (Aprox)
16300
Lot Dimensions
32×145
# of Buildings
Yes
Stories
4
Zoning
C2/D1
Condition
Good
Restrictions
Yes
Property Status
N/A
Acres
0
# Parking Spaces
0

Status Change Info

Status Change Date
2019-01-03
Under Contract Date
2018-12-28
Sold Date
2019-01-02

Location, Tax & Legal Info

Unit #
1-4
Area
Knox County – 1
City/County Code
City Limits
Total Tax
30396.22

Location

Central Busns Area
Yes
Inside City
Yes

More Information

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
Yes
Office Building
Yes
Retail
Yes
Shopping Center
Yes

Construction

Masonry
Yes

Sale/Lease Includes

Fee Simple
Yes

Siding

Brick
Yes
Stone
Yes

Road Access

Public Road
Yes

Miscellaneous

220 Volt Power
Yes
DSL Available
Yes
Handicap Accessible
Yes
Inside Storage
Yes
Internet Available
Yes
Rest Rooms
Yes
Wired for DSL
Yes
Wired for Internet
Yes

Cooling

Other
Yes

Utilities on Site

Electric
Yes
Public Water
Yes
Sewer
Yes
Telephone
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Additional Info

Tax Information
Yes

Easements

Other
Yes

Heat

Other
Yes

Expenses Included

Other
Yes

Building/Business Tp

Bar/Tavern/Lounge
Yes
Church
Yes
Dental
Yes
Food Service
Yes
Franchise
Yes
Historical
Yes
Hotel/Motel
Yes
Medical
Yes
Professional Service
Yes
Professional/Office
Yes
Retail
Yes
Other
Yes

Equipment

Elevator
Yes
Fire Alarm
Yes
Fixtures/Furniture
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

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
Listing Office: Alliance Sotheby's International
IDX
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.