7 Market Sq, Knoxville, TN

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Listing date Nov 24, 2025

Source Moodyscre

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Overview

This income-producing property is located in Market Square and features both retail and residential spaces. The retail tenant is currently in the 5th year of a 10-year base term, with a scheduled increase in year 6, and includes two 5-year options. The retail space has been recently upgraded by the tenant. The residential unit was completely renovated in 2016 and is sold furnished. Architectural features include skylights and a lit trey ceiling. The unit also has a large veranda overlooking Market Square, two spacious bedrooms with large bathrooms, and a large half bath. A loft is currently used as a third bedroom. New HVAC units have been installed within the last 4+ years, along with new carpeting and painting. The building is fully sprinkled and includes an elevator, which is currently not in use but operational. There is ample storage, including an owner's storage unit downstairs. The property has a strong rental history with AirBnB. The property size is 6032 square feet, according to tax records. The property is suitable for short term rentals.

Suggested Use

(Bike/Boat/Book/etc) Store Cosmetic Store Nursing Home Mobile Phone Store Shopping Center & Mall (Bike/Boat/Book/etc) Store Fish Market Clothing & Fashion Store Butcher Clothing & Fashion Store

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

Location Insight

• Map
• Local Demand

City

Knoxville

County

Knox

State

Tennessee

Longitude

-83.9198

Latitude

35.9648

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FAQs

What type of property is this?

Retail space - Retail and residential property in historic Market Square.

Where is this retail space located?

The property is located at 7 Market Sq Knoxville, TN.

What are key features of this property?

This property features: Income‑producing property with established retail tenant and strong AirBnB rental history.; Prime location in Market Square.; **Residential unit fully renovated in 2016 with high‑end features like skylights, lit trey ceiling, and a veranda overlooking Market Square.**