600 E Magnolia Ave Knoxville, TN 37917

Located one block from the new Covenant Health Park, home of the Knoxville Smokies Baseball Team and One Knox Sporting Club, the property at 600 E Magnolia Avenue is situated in a rapidly revitalizing corridor. The location is near sports, retail, commercial, multifamily, hotel, hospitality and entertainment activities, with walking distance to the Old City, downtown Knoxville, and the University of Tennessee. Positioned on the corner of Hall of Fame Drive and Magnolia Avenue, this site offers the opportunity to purchase, renovate, or redevelop the property. The property includes 0.9 acres with approximately 12,000 square feet, including a partial basement. Additions to the original building, constructed in 1920, feature a showroom with a glass storefront, sales counter, offices, two bathrooms, and warehousing space with a loading dock. Attached to the original building is a 2-story warehouse with a racking system. Ample parking and tractor-trailer access are available. Located just off I-40 and Hall of Fame Drive and Magnolia Avenue, the property lies within the DK Zoning and in the TIF District, providing possible tax credits and other incentives for mixed-use, multifamily, hotel, or retail redevelopment. The property is suitable for retail, commercial, multifamily, hotel, hospitality and entertainment activities.