413 Forest Park Blvd Knoxville, TN 37919
- Commercial real estate
- 2,422 SF
- 0.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 413 Forest Park Blvd
- Year built
- 1940
- Lot size
- 0.26 lot acres
- Property size
- 2,422 SF
- Property type
- Commercial real estate
- APN
- 107KH019
Description
This 2,422-square-foot executive office building, located at 413 N Forest Park Blvd in Knoxville, Tennessee, presents a unique investment opportunity. Built in 1940, this two-story Class C building sits on a 0.26-acre lot (APN: 107KH019) and is zoned O (commercial). Currently configured as a multi-tenant property with one tenant occupying the 2,185 square feet of net rentable space, the asking price is $998,000 ($456.75 per square foot). The property features a recently updated kitchen with a wet bar and appliances, and a new HVAC system. Its central Knoxville location offers easy access to downtown (12 minutes) and the University of Tennessee (8 minutes), placing it within close proximity to numerous amenities and businesses, including Greenbrier Real Estate, Professional Case Management Impairments, Knoxville Psychiatry, and Norton and Luhn, P.C. While currently used as office space, the zoning also permits residential uses (above the ground floor), including multi-family, townhouse, single-family, and two-family dwellings. The building includes three bedrooms and one bathroom, offering potential for conversion or expansion to suit various business needs. This property offers a blend of commercial and residential zoning flexibility in a highly desirable Knoxville location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.984698
- Latitude
- 35.9433579