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    121 Union Ave Knoxville, TN 37902

    For Lease
    $38 SF/Yr ($5,361 /Mo)

    Restaurant space available in downtown Knoxville with high visibility.

    Property size:
    1,693 SF
    Lot size:
    0.32 Acres

    Property Features for 121 Union Ave

    General Information

    Size
    1,693 SF
    Lot size
    0.32 Acres

    Source: Alliance Sotheby's International Realty Agent Orel Brodt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Knoxville Restaurant Space Available

    A restaurant space is available in downtown Knoxville, set to open in 2026. The space is part of the Vintage Cal development, which will include 167 residential units. The available restaurant space features 1,693 square feet of indoor dining area, with the potential for additional patio seating. The location offers high visibility in a growing, vibrant downtown area, aiming to attract both residents and the local community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SP+ Parking Parking Garage

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Skin Care Clinic

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

    Similar Places Nearby

    Firehouse Subs Cumberland Ave., Copper Cellar Catering, Abundant Life Kitchen, Just Desserts Caterers, Calhoun's Banquets & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.917093
    Latitude
    35.965845

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available in downtown Knoxville with high visibility.
    Where is this restaurant located?
    The property is located at 121 Union Ave Knoxville, TN.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location with high visibility in a growing, vibrant area.; - Exclusive opportunity as the only restaurant space in the Vintage Cal development.; - Access to 167 upscale residential units within the Vintage Cal development, providing a built-in customer base.
    (305) 606-1178
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    Knoxville, TN 37902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Union Ave Knoxville, TN 37902
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