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607 Market St Knoxville, TN 37902

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For Sale
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Two prime downtown Knoxville properties with redevelopment potential.

Property size:
122,859 SF
Lot size:
0.43 Acres

Property Features for 607 Market St

General Information

Size
122,859 SF
Lot size
0.43 Acres

Source: SVN I Wood Properties Agent Taylor Thompson

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


Overview

Downtown Knoxville Redevelopment Opportunity

Located in the heart of Downtown Knoxville, 607 Market Street and 413 Clinch Avenue present a unique acquisition opportunity. 607 Market Street is a 13-story office building with approximately 125,000 square feet of space, situated on 0.43 acres overlooking Krutch Park and Market Square. This property offers a blank slate for transformative redevelopment, benefiting from exceptional visibility, walkability, and access to retail, dining, entertainment, and business amenities. Adjacent to the building is 413 Clinch Avenue, a 0.37-acre surface parking lot with 43 spaces. This lot complements the building, providing on-site parking or potential for future development as part of a larger redevelopment plan. Both parcels are zoned DK-G (Downtown General), one of Knoxville’s most flexible zoning designations, allowing for a wide range of uses including office, multifamily, hospitality, or mixed-use development. There are no building height restrictions, enabling a visionary investor to fully capitalize on the site’s premier location and scale. This offering represents a unique opportunity to reposition or redevelop a prominent downtown property and participate directly in Knoxville’s continued urban growth and revitalization. The property has significant value-add potential and is ideally positioned for a wide range of investors, developers, and end users.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Private Wealth Management ... Financial Planner U.S. Bank-David Kindwall-Mortgage ... Mortgage Lender ATM U.S. Bank Atm Sunrise School Counselor Cullen Wojcik, Esq. Criminal Justice Attorney

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Knoxville
County
Knox
State
Tennessee
Longitude
-83.918941
Latitude
35.96354

FAQs

What type of property is this?
Office building - Two prime downtown Knoxville properties with redevelopment potential.
Where is this office building located?
The property is located at 607 Market St Knoxville, TN.
What is the asking price?
The asking price for this property is $1.00.
What are key features of this property?
This property features: - Premier Downtown Location: Overlooking Krutch Park and Market Square, offering exceptional visibility and walkability.; - Flexible DK-G Zoning: Allows for a wide range of uses including office, multifamily, hospitality, or mixed-use development.; - Significant Redevelopment Potential: 607 Market Street is a 125,000 sq ft blank-slate opportunity.
More about this property
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