Standard Knitting Mill 1400 Washington Ave 400,000 SF 100% Leased Industrial Building Knoxville, TN 37917 $8,500,000 ($21.25/SF)

This property offers a premier redevelopment opportunity within minutes of Downtown Knoxville and the University of Tennessee campus. The former Standard Knitting Mill spans approximately 9.54 acres with an existing structure of roughly 400,000 square feet, creating a substantial footprint for adaptive reuse or repositioning. Located within an Opportunity Zone, the site provides valuable tax incentives for qualified investors, enhancing long-term returns and redevelopment potential.
The property benefits from strategic frontage and accessibility, positioned near major transportation arteries, including Interstate 40 and prominent urban connectors. Knoxville’s dynamic economic environment and robust population base provide strong demand drivers for mixed-use, commercial, and residential developments. Industrial Mixed-Use (I-MU) zoning allows for a wide range of future uses, including entertainment, retail, and multifamily, offering exceptional design flexibility for end users or developers.
Given its scale and location, this asset represents a rare chance to transform a historic industrial facility into a thriving hub within one of Tennessee’s most active growth markets.