808 Sevier Ave Knoxville, TN 37920-1861

This 5,112 square foot storefront at 808 Sevier Avenue in Knoxville, Tennessee, presents a unique investment opportunity. Priced at $950,000 ($185.84/sq ft), this property boasts a prime location in the thriving Old Sevier neighborhood, just half a mile from both the Gay Street Bridge and James White Parkway. Built in 1986, the single-story building sits on a 9,975 square foot lot and includes seven parking spaces. The property features two structures functioning as one, offering flexibility for various uses, including restaurants, bars, retail, performance spaces, or redevelopment. Its high visibility and proximity to popular establishments like Honeybee Coffee, Hi-Wire Brewing, and Fly by Night Cocktail Lounge make it an ideal location for a thriving business. The permitted zoning is SW-3. The property is available for occupancy on July 23, 2024. The APN is 095PE027. One structure could be utilized as a large covered outdoor area. This is a rare chance to acquire a versatile commercial space in a rapidly growing area of Knoxville.