Downtown Knoxville Redevelopment
607 Market St, Knoxville, TN
Two prime downtown Knoxville properties with redevelopment potential.
Type:OFFICE
Property size:
122,859 SFLot size:
0.43 Acres- Added:
- Nov 24, 2025
- Days on Market:
- 175
- Last Refresh:
- Apr 5 at 8:12 pm
Property Features for 607 Market St
General Information
- Standard status
- Active
- Size
- 122,859 SF
- Lot size
- 0.43 Acres
- Property subtype
- OFFICE
Listing agent Taylor Thompson (865) 936-9999
Listing office SVN I Wood Properties (865) 936-9999
Listing date Nov 24, 2025
Source Moodyscre
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 SVN I Wood Properties
HighLights
- 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.
- No Building Height Restrictions: Enables full capitalization on the site's location and scale.
- Includes Adjacent Parking Lot: 413 Clinch Avenue provides 43 parking spaces.
- Value‑Add Opportunity: Positioned for repositioning or redevelopment to participate in Knoxville's urban growth.
Overview
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 Advisor
U.S. Bank-David Kindwall-Mortgage ...
Loan Service
ATM U.S. Bank
Atm
Sunrise School
Counselor
Cullen Wojcik, Esq.
Law Firm
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.9189
- Latitude
- 35.9635
Nearby Similar for Lease
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 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.
