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    706 N Central St Knoxville, TN 37917

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    For Lease
    $15 SF/Yr ($3,375 /Mo)

    Two 2,700 SF retail spaces in thriving downtown area.

    Property size:
    2,700 SF
    Lot size:
    0.43 Acres

    Property Features for 706 N Central St

    General Information

    Size
    2,700 SF
    Lot size
    0.43 Acres

    Source: NAI Koella RM Moore - Knoxville Agent Roger M. Moore, Jr.

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

    Overview

    Prime Retail Space Available

    Available for rent are two retail spaces, each measuring 2,700 square feet. These spaces, which can be leased together or separately, are located in a thriving downtown area. The property is centrally located near popular businesses such as Xul Beer Company, Schulz Brau Brewing Company, and A Dopo Pizza. The space is all open. The owners are open to providing a buildout allowance for a long-term tenant. This is the first time the space has been available in decades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A&R Used Furniture ... Used Furniture Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.923264
    Latitude
    35.976008

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    FAQs

    What type of property is this?
    Retail space - Two 2,700 SF retail spaces in thriving downtown area.
    Where is this retail space located?
    The property is located at 706 N Central St Knoxville, TN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Main and main location in thriving downtown area; - First time space has been available in decades; - Two 2,700 SF spaces available, can be leased together or separately
    (865) 755-8774
    Request Owner's contact information
    706 N Central St Knoxville, TN 37917
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    Knoxville, TN 37917
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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
    706 N Central St Knoxville, TN 37917
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