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Mixed-Use Building with Loft

415 W Depot Ave, Knoxville, TN 37917

For Sale
Contact for pricing

A leased N Gay Street commercial space accompanies two residential units, a gated courtyard, and on-site parking.

Property SizeContact for details
Days on Market13

Property Features for 415 W Depot Ave

General Information

Standard status Active
Total Parking Spaces 5
Property subtype RETAIL

Financials

Asking Price $2,175,000
Opportunity Zone Yes

Units

Unit Mix 1 x 3BR/2.5BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Mixed-Use Components commercial, residential
Tenant in Place Yes

Building Details

Buildings 1
Listing Agency: Slyman Real Estate-Commercial
Listed By: Katie Linkous
Source: Moodyscre
Added: Oct 30 Changed: Nov 10 Last Checked: Nov 10 at 7:40AM

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 Slyman Real Estate-Commercial

Rey
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Investment Insights

Based on property information with market context.

This downtown Knoxville property combines a 3-bedroom, 2.5-bath loft with vaulted ceilings, a fireplace, and a large kitchen, plus a separate 1-bedroom, 1-bath apartment. The site also includes a gated courtyard, three deeded parking spaces, and a 2-car garage. A commercial space fronting N Gay Street is leased, and the property has a history of mid-term rentals with future bookings in place.

The building spans addresses on W Depot Avenue and N Gay Street and is within a designated Opportunity Zone. The property is conveyed as one deeded asset; its individual units are not available for separate sale.

Key Highlights

  • Three‑bedroom, 2.5‑bath loft with vaulted ceilings and a fireplace
  • Separate 1‑bedroom, 1‑bath apartment with a 2‑car garage
  • Leased commercial space fronts N Gay Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Pet Grooming Service Florist Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,999
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Knoxville, TN

4.6% 2019
5.5% 2020
4.5% 2021
4.3% 2022
4.2% 2023
4.2% 2024
5.1% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased N Gay Street commercial space accompanies two residential units, a gated courtyard, and on-site parking.
Where is this mixed-use property located?
The property is located at 415 W Depot Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Three‑bedroom, 2.5‑bath loft with vaulted ceilings and a fireplace; Separate 1‑bedroom, 1‑bath apartment with a 2‑car garage; Leased commercial space fronts N Gay Street
(865) 321-0454 Call to check price and availability
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