Mixed-Use Building with Rooftop
For Sale
Contact for pricing
Pending
417 S Gay St, Knoxville, TN 37902
Downtown building combines ground-floor food-and-beverage tenants with upper-level conversion and office possibilities.
Property SizeContact for details
Days on Market143
Property Features for 417 S Gay St
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Office, Retail
Building Details
Buildings
1
Listing Agency:
Oliver Smith Realty & Development Company
(865) 584-2000
Listed By:
Will Sims · License #TN
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:26AM
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 Kress Building is a multi-level mixed-use property at 417 S Gay St in downtown Knoxville. Ground-floor occupants include Frothy Monkey, an all-day cafe, restaurant, bar, and coffee shop, along with Fat Tuesday, a daiquiri bar. The building also provides a primary lobby entrance and sidewalk access to the lower basement level.
The second and third floors offer several stated reuse concepts, including conversion to 18+ studio units, a boutique hotel, owner-occupant offices, shared workspace, or conventional office tenancy. The rooftop includes a 3,000 soft tenant area and a large outdoor patio space. Lower-level areas may support back-of-house functions for hotel or restaurant operations, a speakeasy, or additional tenant space.
The second and third floors offer several stated reuse concepts, including conversion to 18+ studio units, a boutique hotel, owner-occupant offices, shared workspace, or conventional office tenancy. The rooftop includes a 3,000 soft tenant area and a large outdoor patio space. Lower-level areas may support back-of-house functions for hotel or restaurant operations, a speakeasy, or additional tenant space.
Key Highlights
- Ground‑floor tenants include Frothy Monkey and Fat Tuesday
- Second and third floors support conversion concepts including 18+ studio units
- Rooftop includes a 3,000 soft tenant space and large outdoor patio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 37902, TN
2,479
Population
1,908
Households
1.3
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
6,198
Density / Sq Mi
$56,397
Median Household Income
$50,471
Median Earnings
$1,322
Median Rent
$570,700
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown building combines ground-floor food-and-beverage tenants with upper-level conversion and office possibilities.
Where is this mixed-use property located?
The property is located at 417 S Gay St Knoxville, TN.
What are key features of this property?
This property features: Ground‑floor tenants include Frothy Monkey and Fat Tuesday; Second and third floors support conversion concepts including 18+ studio units; Rooftop includes a 3,000 soft tenant space and large outdoor patio
