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    418 South Gay St Knoxville, TN 37917

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    For Lease
    $23 SF/Yr ($5,287 /Mo)

    Modern office space in the historic Phoenix Building on Gay Street.

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

    Property Features for 418 South Gay St

    General Information

    Size
    2,700 SF
    Lot size
    0.21 Acres

    Source: Mike Fuller Realty & Company Agent Michael Fuller

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

    Overview

    Downtown Knoxville Creative Office Space

    Located in the heart of downtown Knoxville, this modern creative office space is situated on the second floor of the iconic Phoenix Building on Gay Street. The suite features floor-to-ceiling windows and high ceilings, providing ample natural light. The layout includes refinished hardwood floors and an open-concept design, with four private offices or breakout rooms and a large open workspace suitable for collaboration. A dedicated reception area and lounge are available for welcoming clients and guests. The suite also includes private in-suite restrooms, guest restrooms, and a conference room. The location offers convenient access to coffee shops, restaurants, bars, and theaters. Street parking is available in front, with rear access to a public lot. The Phoenix Building is home to a community of innovative businesses, including Phoenix Pharmacy & Soda Fountain, Status Dough, Jackson Avenue Tea Company, Christopher Robin Arts, Paragon Infusion, and Valley Medical. This space is suitable for startups, creative businesses, or professional services firms.
    Insight Report Location Intelligence

    Current Use by Public Records

    Christopher Robin Arts Art Gallery Valley Medical Downtown Medical Office Protein Discovery Medical Laboratory Caleb Selby Pharmacy Phoenix Pharmacy (drug ... Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.918082
    Latitude
    35.965982

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    FAQs

    What type of property is this?
    Office space - Modern office space in the historic Phoenix Building on Gay Street.
    Where is this office space located?
    The property is located at 418 South Gay St Knoxville, TN.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Knoxville Location on Gay Street: Offers unparalleled access to amenities, clients, and talent.; - Historic Phoenix Building: Provides a prestigious and inspiring address with a strong local vibe.; - Abundant Natural Light: Floor-to-ceiling windows and high ceilings create a bright and productive workspace.
    (865) 740-7471
    Request Owner's contact information
    418 South Gay 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
    418 South Gay St Knoxville, TN 37917
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