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Retail/Office Downtown Knox Investment Opp 714 Gay 7,872 SF 55% Leased Retail Building Knoxville, TN 37902 $2,700,000 ($342.99/SF)
Investment Highlights
- 7,872 SF retail and office historic building
- 3 levels plus basement
- Fully leased
- On-site parking
Executive Summary
NEW ROOF and updated engineering support in the basement in 2023-2024. Parking is available in the back of the building. Must have several days advanced notice for showings – DO NOT disturb tenants.
East side of S Gay Street, between Church St and Cumberland Ave.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$15,299
|
$1.94
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,299
|
$1.94
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $15,299 |
| Annual Per SF | $1.94 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,299 |
| Annual Per SF | $1.94 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Spectacular second floor with third-floor mezzanine professional office suite! Brick-lined walls with glass interior office walls gives this historic building a modern flair. Four offices, large conference room with natural sunlight; large gathering place with kitchenette on the second level. Mezzanine (3rd) level has a large bullpen area for cubicles; washer/dryer hook-ups and storage rooms. Both levels have bathrooms. Attractive building and premier downtown location. Parking available in the back of the building. Must have at least 24 hours notice for showings. Not available for occupancy until February 1, 2026.
| Space | Size | Space Use | Position | Available |
| 200 | 3,536 SF | Retail | - | Now |
200
| Size |
| 3,536 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
200
| Size | 3,536 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Spectacular second floor with third-floor mezzanine professional office suite! Brick-lined walls with glass interior office walls gives this historic building a modern flair. Four offices, large conference room with natural sunlight; large gathering place with kitchenette on the second level. Mezzanine (3rd) level has a large bullpen area for cubicles; washer/dryer hook-ups and storage rooms. Both levels have bathrooms. Attractive building and premier downtown location. Parking available in the back of the building. Must have at least 24 hours notice for showings. Not available for occupancy until February 1, 2026.
Nearby Major Retailers
Property Taxes
| Parcel Number | 095IF-023 | Total Assessment | $412,420 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $15,299 ($1.94/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Retail/Office Downtown Knox Investment Opp | 714 Gay
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