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Flexible Retail Space
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500 Arthur St, Knoxville, TN 37921

High ceilings and natural light support a flexible commercial layout.

Space Size1,890 SF
Days on Market49

Property Features for 500 Arthur St

General Information

Standard status Active
Size 1,890 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Divisible Yes
Corner Location Yes

Amenities

high ceilings
abundant natural light
flexible layout

Spaces For Lease

at 500 Arthur St
Retail/Restaurant/Office For Lease $3,000/Mo
Size 1,890 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Position your business in the heart of Mechanicsville, one of Knoxville’s historic neighborhoods experiencing exciting new growth, all just 3 minutes from Downtown Knoxville. With high ceilings, abundant natural light, and a flexible layout, this property offers a true blank canvas with endless potential. Whether envisioned as a restaurant, café, creative studio, retail concept, office, wellness space, or something entirely unique, 500 Arthur Street gives you the opportunity to create a space that feels entirely your own. The landlord also owns the lot directly behind the building, opening the door to additional possibilities. For the right concept, the rear lot could potentially accommodate expanded parking, outdoor seating, patio space, or other creative uses—making this an especially compelling opportunity for a restaurant or hospitality-driven tenant. Located directly across from the neighborhood park and surrounded by established community anchors including the Buddhist center, fire station, Helen Ross McNabb Center, and other local businesses, the property sits on a highly visible corner with a strong neighborhood presence. Need the entire space? Take it. Have a concept that only needs one section? The landlord is flexible and open to dividing the property based on the right use and vision. 500 Arthur Street is more than a space for lease, it’s an opportunity to get in on the ground level of a growing neighborhood and create something that becomes part of this historic community.
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Listing Agency: Alliance Sotheby's International Realty
Listed By: Orel Brodt · License #362711
Source: Moodyscre
Added: Sep 2 Changed: Oct 7 Last Checked: Oct 19 at 6:23AM

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 Alliance Sotheby's International Realty

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Investment Insights

Based on property information with market context.

The 1,890-square-foot retail space at 500 Arthur St offers high ceilings, substantial natural light, and an adaptable interior that can be configured for a range of commercial concepts. The landlord is open to leasing the full space or dividing it into sections based on the intended use.

A separate lot behind the building is also owned by the landlord and may support additional parking, outdoor seating, patio space, or other tenant-specific improvements. The property occupies a visible corner directly across from a neighborhood park and is approximately 3 minutes from Downtown Knoxville. Nearby community facilities and businesses include a Buddhist center, fire station, and the Helen Ross McNabb Center.

Key Highlights

  • 1,890‑square‑foot retail space
  • High ceilings and abundant natural light
  • Flexible layout available as a full space or divided sections

Property Analytics

Current Use

Little Postage House (Bike/Boat/Book/etc) Store

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$2.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby

Demographics for 37921, TN

28,903
Population
12,969
Households
2.2
Avg Household Size
35
Median Age
27%
College-Educated
87%
High-School Grad
15.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$57,813
Median Household Income
$37,518
Median Earnings
$1,147
Median Rent
$204,300
Median Home Value

Market

Lease Benchmarks for Knoxville, TN

$23.56 /SF/Yr
Avg Asking Price
$10–$32 /SF/Yr
Price Range
3,434 SF
Avg Space Size

This space is priced 19% below the average of $23.56 /SF/Yr.

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?
Retail space - High ceilings and natural light support a flexible commercial layout.
Where is this retail space located?
The property is located at 500 Arthur St Knoxville, TN.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 1,890‑square‑foot retail space; High ceilings and abundant natural light; Flexible layout available as a full space or divided sections
(305) 606-1178 Call to check price and availability
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