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116-124 W Summit Hill Dr SW, Knoxville, TN, 00000
Prime Retail Location For Sale

116-124 W Summit Hill Dr SW Knoxville, TN

For Sale
Contact for pricing

0.77 acres retail property near Gay Street and Old City.

Lot Size0.77 Acres
Days on Market667

Property Features for 116-124 W Summit Hill Dr SW

General Information

Standard status
Active
Lot size
0.77 Acres
Property subtype
RETAIL
Listing Agency: Oliver Smith Realty & Development Company
Listed By: Oliver A Smith IV
Source: Moodyscre
Added: Sep 25, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:20AM

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 Oliver Smith Realty & Development Company


Investment Insights

Based on property information with market context.

This 0.77-acre property is situated between the Gay Street Retail Corridor and the Old City, offering convenient access to the I-40 Interchange. The location benefits from substantial traffic, with counts of 147,964 on I-40, 32,778 on James White Parkway, and 27,563 on Henley Street. Nearby retail includes Market Square, Lilou, The Kennedy, Calhoun’s, Bijou, Knoxville Convention Center, and the University of Tennessee Campus. The property is zoned DK-G.

Key Highlights

  • Prime Location: Sandwiched between Gay Street Retail Corridor and the Old City.
  • High Traffic Volume: Exposure to significant traffic with 147,964 on I‑40.
  • Development Potential: DK‑G Zoning offers diverse usage possibilities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Florist Locksmith Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail property - 0.77 acres retail property near Gay Street and Old City.
Where is this retail property located?
The property is located at 116-124 W Summit Hill Dr SW Knoxville, TN.
What is the asking price?
The asking price for this property is $8,850,000.
What are key features of this property?
This property features: Prime Location: Sandwiched between Gay Street Retail Corridor and the Old City.; High Traffic Volume: Exposure to significant traffic with 147,964 on I‑40.; Development Potential: DK‑G Zoning offers diverse usage possibilities.
(865) 584-2000 Call to check price and availability
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