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808 Sevier Ave 5,112 SF Retail Building Knoxville, TN 37920 $950,000 ($185.84/SF)

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INVESTMENT HIGHLIGHTS

  • Old Sevier/South Waterfront Neighborhood
  • High Visibility
  • Ready for tenant or redevelopment

EXECUTIVE SUMMARY

Become a part of the growing Old Sevier neighborhood with this 5112 SF property in the hear of it all. With a listing price of $950,000 opportunities are endless!
This uniquely located property consists of two structures functioning as one building. There is an opportunity to use one of the structures as an expansive covered outdoor space. Opportunity waits for a restaurant, watering hole, retail store, performance space, or redevelopment.
The historic commercial heart of the Old Sevier neighborhood is teeming with life. 808 Sevier Avenue is located ½ mile from the Gay Street Bridge and ½ mile from James White Parkway. Neighbors include Honeybee Coffee, Hi-Wire Brewing, Fly by Night Cocktail Lounge, Alliance Brewing, South Coast Pizza, and the Landing House.
The highly visible building consists of two free span structures allowing multiple configurations and uses.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,112 SF
Building Class
B
Year Built
1986
Price
$950,000
Price Per SF
$185.84
Tenancy
Single
Building Height
1 Story
Building FAR
5.87
Lot Size
0.02 AC
Opportunity Zone
Yes
Zoning
SW-3 - South Waterfront
Parking
7 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
104’ on Sevier Ave

AMENITIES

  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Ruth's Chris Steak House
CrossFit
Starbucks
Bank of America
The YMCA
Shoney's
The Melting Pot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
095PE-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$135,000
  • Listing ID: 31736198

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 808 Sevier Ave, Knoxville, TN 37920

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