Vacant Mixed-Use Redevelopment
For Sale
Contact for pricing
Pending
609 N Central St, Knoxville, TN 37917
Vacant mixed-use building with architectural plans to create residential units plus retail/restaurant space and on-site parking lots.
Property SizeContact for details
Days on Market124
Property Features for 609 N Central St
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Retail, Industrial
Listing Agency:
Oliver Smith Realty & Development Company
(865) 584-2000
Listed By:
Will Sims · License #TN
Source:
Crexi
Added: Apr 11
Changed: Aug 10
Last Checked: Aug 11 at 12:15PM
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 Oliver Smith Realty & Development Company
Investment Insights
Based on property information with market context.
The Dempster Building is a vacant mixed-use property available for purchase and positioned for a renovation to incorporate a new use. The sale includes architectural plans to renovate the building into 34+ residential units along with commercial retail/restaurant space.
The property is located in the N. Central/N. Broadway and Old City area of Knoxville, Tennessee. It also includes large on-site parking lots, providing convenient off-street parking for future occupants and customers.
With the included renovation plans and an existing mixed-use configuration of residential units paired with retail/restaurant space, the building offers a straightforward path for a buyer to reposition the asset after renovation.
The property is located in the N. Central/N. Broadway and Old City area of Knoxville, Tennessee. It also includes large on-site parking lots, providing convenient off-street parking for future occupants and customers.
With the included renovation plans and an existing mixed-use configuration of residential units paired with retail/restaurant space, the building offers a straightforward path for a buyer to reposition the asset after renovation.
Key Highlights
- Vacant mixed‑use building for purchase with architectural plans for a new renovation
- Plans call for 34+ residential units plus a commercial retail/restaurant space
- Includes large on‑site parking lots with space for vehicles
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Explore this area
Business Placement
Demographics for 37917, TN
25,013
Population
14,216
Households
1.8
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
9.5 sq mi
ZIP Area
2,633
Density / Sq Mi
$51,232
Median Household Income
$37,853
Median Earnings
$1,063
Median Rent
$189,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant mixed-use building with architectural plans to create residential units plus retail/restaurant space and on-site parking lots.
Where is this mixed-use property located?
The property is located at 609 N Central St Knoxville, TN.
What are key features of this property?
This property features: Vacant mixed‑use building for purchase with architectural plans for a new renovation; Plans call for 34+ residential units plus a commercial retail/restaurant space; Includes large on‑site parking lots with space for vehicles
