Two-Use Office/Flex
1123 E Broadway Ave Maryville, TN 37804
1123 E Broadway Ave, Maryville, TN, 37804
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For Sale
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Two corner office/flex buildings totaling 3,134 SF, zoned BT for a wide range of commercial uses.
Property Size4,134 SF
Lot Size0.37 Acres
Price / SF$135.46
Days on Market217
Property Features for 1123 E Broadway Ave
General Information
- Standard status
- Active
- Size
- 4,134 SF
- Lot size
- 0.37 Acres
- Property subtype
- OFFICE
Listing agency
Avison Young
(865) 809-8480
Listed by
Matthew DeBardelaben
(865) 809-8480
Source
Moodyscre
Added: Dec 17, 2025 Updated: Jul 22 at 8:03AM Checked: Jul 22 at 8:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young
Investment Insights
Based on property information with market context.
Two buildings located on the corner of East Broadway Avenue and Singleton Street offer a combined office/flex configuration totaling 0.37 acres. 1123 E Broadway contains 2,394 SF and was most recently used as a veterinary clinic. 1125 E Broadway contains 1,740 SF and was most recently used as a workshop and for storage.
The properties are approximately 0.5 miles from the heart of downtown Maryville. The block includes the nearby Five Points area and Peaceful Side Brewery, and it is also shared with the future “Rails to Trails” project.
Zoned for the Business and Transportation District (BT), the property supports a broad range of commercial uses, in addition to residential duplex and two-family dwellings.
The properties are approximately 0.5 miles from the heart of downtown Maryville. The block includes the nearby Five Points area and Peaceful Side Brewery, and it is also shared with the future “Rails to Trails” project.
Zoned for the Business and Transportation District (BT), the property supports a broad range of commercial uses, in addition to residential duplex and two-family dwellings.
Key Highlights
- Two corner office/flex buildings totaling 3,134 SF at the corner of E Broadway Ave and Singleton St.
- 1123 E Broadway: 2,394 SF; most recently used as a veterinary clinic.
- 1125 E Broadway: 1,740 SF; most recently used as a workshop and for storage.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $14.04 |
| − Vacancy | −$3.5k | −$0.84 |
| EGI | $54.6k | $13.20 |
| − OpEx | −$19.1k | −$4.62 |
| NOI | $35.5k | $8.58 |
4,134 SF · lease $14.04/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.06M
$930.2K – $1.24M
NOI $74,412 @ 7.0% cap · market cap 13.29%
Second Best
Flex RnD
$506.6K
$443.3K – $591.1K
NOI $35,463 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,503 @ 7.0% cap · market cap 20.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blount Veterinary Clinic
Veterinary Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two corner office/flex buildings totaling 3,134 SF, zoned BT for a wide range of commercial uses.
Where is this office units located?
The property is located at 1123 E Broadway Ave Maryville, TN.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Two corner office/flex buildings totaling 3,134 SF at the corner of E Broadway Ave and Singleton St.; 1123 E Broadway: 2,394 SF; most recently used as a veterinary clinic.; 1125 E Broadway: 1,740 SF; most recently used as a workshop and for storage.
