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3-23 Emory Place 5 Properties Offered at $7,000,000 in Knoxville, TN



INVESTMENT HIGHLIGHTS
- Growth Area
- Value Add Opportunity
- Fully Leased
EXECUTIVE SUMMARY
Revitalized Creative Hub | 3–23 Emory Place, Knoxville TN
Fully Leased Historic Portfolio + Development Potential
Welcome to 3–23 Emory Place, a rare chance to own a fully revitalized block in one of Knoxville’s most up and coming and walkable neighborhoods. This offering includes six historic buildings and two lots, all thoughtfully restored to create a thriving creative hub and serve as a natural extension of Knoxville’s Downtown footprint.
The entire street has undergone a full revitalization, transforming Emory Place into a vibrant corridor of culture, design, and community. The tenant mix reflects this vision, a curated group of creative, local businesses, all of whom have extended their leases, signaling strong retention and long-term value.
A major highlight of the property is the approximately 20,000 SF of garden level space that runs beneath the entire street. While technically the basement level from the front street, this space is fully accessible via the back alley from multiple access points and present a prime opportunity for future development or leasing.
Key Highlights:
6 fully restored historic buildings + 2 potentially buildable lots
2 Residential Lofts
5 Commercial Tenants
Approximately 20,000 SF of additional garden level space with separate alley access
Fully leased with strong rental income from creative local tenants
Traffic supported by the "Knox Walls" project created by Lilienthal Gallery, Dogwood Arts and Visit Knoxville.
Steps from Downtown, Old City, and I-40 access
Whether you’re looking for a stable income-producing asset with development upside, or a long-term anchor in Knoxville’s evolving urban fabric, 3–23 Emory Place offers both character and opportunity.
Sq Ft presented is approximate based on records and includes the basement level. Buyer to verify Sq Footage.
Contact Orel Brodt at 8656210670 or orelbrodt@gmail.com for further information.
Fully Leased Historic Portfolio + Development Potential
Welcome to 3–23 Emory Place, a rare chance to own a fully revitalized block in one of Knoxville’s most up and coming and walkable neighborhoods. This offering includes six historic buildings and two lots, all thoughtfully restored to create a thriving creative hub and serve as a natural extension of Knoxville’s Downtown footprint.
The entire street has undergone a full revitalization, transforming Emory Place into a vibrant corridor of culture, design, and community. The tenant mix reflects this vision, a curated group of creative, local businesses, all of whom have extended their leases, signaling strong retention and long-term value.
A major highlight of the property is the approximately 20,000 SF of garden level space that runs beneath the entire street. While technically the basement level from the front street, this space is fully accessible via the back alley from multiple access points and present a prime opportunity for future development or leasing.
Key Highlights:
6 fully restored historic buildings + 2 potentially buildable lots
2 Residential Lofts
5 Commercial Tenants
Approximately 20,000 SF of additional garden level space with separate alley access
Fully leased with strong rental income from creative local tenants
Traffic supported by the "Knox Walls" project created by Lilienthal Gallery, Dogwood Arts and Visit Knoxville.
Steps from Downtown, Old City, and I-40 access
Whether you’re looking for a stable income-producing asset with development upside, or a long-term anchor in Knoxville’s evolving urban fabric, 3–23 Emory Place offers both character and opportunity.
Sq Ft presented is approximate based on records and includes the basement level. Buyer to verify Sq Footage.
Contact Orel Brodt at 8656210670 or orelbrodt@gmail.com for further information.
PROPERTY FACTS
| Price | $7,000,000 | Number of Properties | 5 |
| Price / SF | $136.56 / SF | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 51,261 SF |
| Sale Type | Investment NNN | Total Land Area | 2.04 AC |
| Status | Under Contract |
| Price | $7,000,000 |
| Price / SF | $136.56 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment NNN |
| Status | Under Contract |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 51,261 SF |
| Total Land Area | 2.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 15 Emory Pl, Knoxville, TN 37917 | Office | 6,334 SF | 1920 | - |
| 23 Emory Pl, Knoxville, TN 37917 | Office | 3,302 SF | 1928 | - |
| 7 Emory Pl, Knoxville, TN 37917 | Retail | 34,605 SF | 1956 | - |
| 3 Emory Pl, Knoxville, TN 37917 | Retail | 4,970 SF | 1928 | - |
| 13 Emory Pl, Knoxville, TN 37917 | Retail | 2,050 SF | 1956 | - |
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3-23 Emory Place
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