Storefront Property with Two-Bay
8541 Asheville Hwy, Knoxville, TN 37924
For Sale
Contact for pricing
Pending
Commercial Sale, Knoxville, TN
Property Size2,457 SF
Lot Size1.52 Acres
Days on Market51
Property Features for 8541 Asheville Hwy
General Information
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Parking
Directions
Subdivision
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Additional Details
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Taxes and HOA fees
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Listing Agency:
Powell Auction & Realty,LLC
Listed By:
Kenny Phillips · License TN #239235
(865) 938-3403
Added: Sep 23
Changed: Oct 23
Last Checked: Nov 12 at 9:06AM
MLS# 1356515
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,457-square-foot storefront property occupies 1.52+/- acres and includes a main building, two-bay garage, accessory storage building, attached shelter, and paved parking area. The main building is arranged across three rooms with three exterior doors. Two connected rooms include a half bathroom, three-basin stainless sink, and stainless hand sink, while a pass-through window connects to the third room. The third room includes a utility closet and direct access to the garage, which has two 9'9" x 10' rollup doors. A separate half bathroom has its own exterior entrance.
The property fronts approximately 578 feet along Asheville Highway at the 11E intersection in Knoxville. The site is designated CA — General Business Zone and recorded 2025 Annual Average Daily Traffic Counts of 21,054 at the nearest traffic count location, 47000058. It is approximately 6 miles from I-40 and has public water. An older single-wide is being set up on the cleared portion of the lot; its condition and permitted use should be independently verified.
The property fronts approximately 578 feet along Asheville Highway at the 11E intersection in Knoxville. The site is designated CA — General Business Zone and recorded 2025 Annual Average Daily Traffic Counts of 21,054 at the nearest traffic count location, 47000058. It is approximately 6 miles from I-40 and has public water. An older single-wide is being set up on the cleared portion of the lot; its condition and permitted use should be independently verified.
Key Highlights
- 1.52+/- acres with approximately 578 feet of road frontage
- 2,457‑square‑foot main building with three rooms and three exterior doors
- Two‑bay garage with two 9'9" x 10' rollup doors
Property Analytics
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Current Use
Lease Details
21,054 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 19%
Dollar General
Shops & Services
5,773 visits/mo
0.3 miles
Pizza Plus
Dining
1,380 visits/mo
0.3 miles
Demographics for 37924, TN
12,894
Population
6,052
Households
2.1
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
462
Density / Sq Mi
$73,794
Median Household Income
$40,594
Median Earnings
$1,020
Median Rent
$217,300
Median Home Value
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Market
Vacancy Rate% for Retail in Knoxville, TN
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with connected rooms, garage access, storage, and paved parking in a CA-zoned corridor.
Where is this storefront property located?
The property is located at 8541 Asheville Hwy Knoxville, TN.
What are key features of this property?
This property features: 1.52+/- acres with approximately 578 feet of road frontage; 2,457‑square‑foot main building with three rooms and three exterior doors; Two‑bay garage with two 9'9" x 10' rollup doors
