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    Knoxville, TN
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    Knoxville, TN Retail Space for Sale

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    Downtown Knoxville Retail Buildings For Sale
    Updated: Dec 1, 2023
    Downtown Knoxville Retail Buildings For Sale

    716-718 S Gay St, Knoxville, TN

    $2,900,000
    18,500 sqft 0.16 AC lot
    Prime Downtown location on Gay Street
    Substantial 18,500 sq. ft. property
    Unique opportunity to purchase two adjoining buildings
    Close proximity to parking, courthouse, Market Square, and other Downtown attractions
    High traffic count on Henley Street
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    This listing looks promising.

    Here's a quick look at some key insights for

    716-718 S Gay St, Knoxville, TN

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $266K
      Annual

    • Price @ 7% Cap

      $3.8M
      Above asking
    View Property Analytics
    Two-Story Commercial Redevelopment Building
    Updated: Jan 9
    Two-Story Commercial Redevelopment Building

    315 Ogle Ave, Knoxville, TN 37920

    $380,000
    7,374 sqft 0.20 AC lot
    Prime redevelopment opportunity in Knoxville's fast‑growing Vestal community.
    Favorable CN‑1 zoning allows for multi‑family, retail, office, or mixed‑use development.
    High visibility location on a busy commercial corridor near established and emerging businesses.
    Proximity to Downtown Knoxville, University of Tennessee, UT Medical Center, and popular South Knoxville destinations.
    Existing building with multiple suites allows for owner‑user occupancy, rental income, or phased redevelopment.
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    Renovated Flex Space in Knoxville
    Renovated Flex Space in Knoxville

    508 Daniels Ave, Knoxville, TN 37917

    $800,000
    6,052 sqft 0.27 AC lot

    Newly renovated flex space with warehouse functionality and retail/office presence.

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    Highway Commercial Property For Lease
    Highway Commercial Property For Lease

    1800 Middlebrook Pike, Knoxville, TN

    $1,595,000
    10,488 sqft 0.74 AC lot

    C-H-1 commercial property with high visibility and traffic.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant/Retail Space For Sale
    Restaurant/Retail Space For Sale

    3920 Asheville Hwy, Knoxville, TN

    $950,000
    7,729 sqft 1.69 AC lot

    Versatile commercial space with excellent parking and high visibility.

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    Retail Strip Center Development Opportunity
    Retail Strip Center Development Opportunity

    7220 Chapman Hwy, Knoxville, TN 37920

    $2,500,000
    13,260 sqft

    Retail strip center with high growth and traffic location.

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    Retail Space Available For Rent
    Retail Space Available For Rent

    2300 E Magnolia Ave, Knoxville, TN

    $700,000
    1,783 sqft 0.29 AC lot

    1783 square feet retail space available for rent.

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    Endcap Retail Opportunity
    Endcap Retail Opportunity

    2010 Cumberland Avenue, Knoxville, TN 37916

    Contact for pricing
    2,255 sqft

    Prominent endcap retail space with strong Cumberland Avenue visibility and direct access to the University of Tennessee campus.

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    Fully Occupied Retail/Office Building
    Fully Occupied Retail/Office Building

    714 S Gay St, Knoxville, TN

    $2,300,000
    7,872 sqft 0.08 AC lot

    First-floor retail and office building for sale in Knoxville.

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    Retail or Car Wash Opportunity
    Retail or Car Wash Opportunity

    7408 Old Maynardville Pike, Knoxville, TN

    $214,999
    1,627 sqft 0.16 AC lot

    Convertible car wash or retail space in prime location.

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    North Knoxville Retail Spaces Available
    North Knoxville Retail Spaces Available

    4434 N Broadway, Knoxville, TN 37917

    Contact for pricing
    88,000 sqft

    Retail and service spaces with great accessibility and visibility.

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    Kingston Pike Retail Space Available
    Kingston Pike Retail Space Available

    9307 Kingston Pike, Knoxville, TN 37922

    Contact for pricing
    146,244 sqft

    Retail space in a high-traffic shopping center anchored by Home Depot.

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    Retail Property with High Visibility
    Retail Property with High Visibility

    3169 Lakemoor View Rd, Knoxville, TN 37920

    Contact for pricing
    1,507 sqft

    Retail space with ample parking and high traffic volume.

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    Market Square Mixed-Use Building
    Market Square Mixed-Use Building

    29 Market Square, Knoxville, TN

    $3,800,000
    10,089 sqft 0.06 AC lot

    Mixed-use building with retail, office, and residential spaces.

    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 14 Active listings in Knoxville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    9133 Oak Ridge Hwy, Oak Ridge, TN 37931

    $529,000
    3,880 sqft

    Freestanding retail building with an operational drive-thru, open main floor, and finished lower level amenities.

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    Retail Property with Parking Spaces
    Retail Property with Parking Spaces

    237 S Main St, Clinton, TN

    $3,900,000
    13,650 sqft 1.84 AC lot

    Retail property featuring 98 parking spaces in high-traffic area.

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    Oak Ridge Retail Opportunity
    Oak Ridge Retail Opportunity

    Oak Ridge Turnpike, Oak Ridge, TN 37830

    Contact for pricing
    81,536 sqft

    Retail spaces available in high-traffic Oak Ridge shopping center.

    View details
    Retail and Multifamily Redevelopment Opportunity
    Retail and Multifamily Redevelopment Opportunity

    803 Fowler St, Clinton, TN

    $550,000
    1.62 AC lot

    Former retail and apartment building on 1.62 acres for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Knoxville, TN

    Consider similar Off-Market properties in Knoxville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1204 Magnolia Ave
    RETAIL STORES (PERSONAL SERVICES)

    1204 Magnolia Ave, Knoxville, TN 37917-7744

    Value Estimation by Request
    1,400 sqft 0.17 AC lot
    View details
    2701 Whittle Spgs Rd
    RETAIL STORES (PERSONAL SERVICES)

    2701 Whittle Spgs Rd, Knoxville, TN 37917-3333

    Value Estimation by Request
    1,296 sqft 0.39 AC lot
    View details
    306 Wall Ave, Unit A
    RETAIL STORES (PERSONAL SERVICES)

    306 Wall Ave, Knoxville, TN 37902-1406

    Unit A
    Value Estimation by Request
    36,000 sqft
    View details
    9151 Cross Park Dr
    RETAIL STORES (PERSONAL SERVICES)

    9151 Cross Park Dr, Knoxville, TN 37923-4505

    $2,285,000
    Estimated value
    18,840 sqft 2.28 AC lot
    View details
    2960 Miller Pl Way
    RETAIL STORES (PERSONAL SERVICES)

    2960 Miller Pl Way, Knoxville, TN 37924-1673

    Value Estimation by Request
    7,600 sqft 1.12 AC lot
    View details
    7727 Kingston Pike
    RETAIL STORES (PERSONAL SERVICES)

    7727 Kingston Pike, Knoxville, TN 37919

    $1,580,000
    Estimated value
    7,500 sqft 5.03 AC lot
    View details
    4527 Rutledge Pike
    RETAIL STORES (PERSONAL SERVICES)

    4527 Rutledge Pike, Knoxville, TN 37914-3222

    Value Estimation by Request
    1,080 sqft 0.48 AC lot
    View details
    5613 Kingston Pike
    RETAIL STORES (PERSONAL SERVICES)

    5613 Kingston Pike, Knoxville, TN 37919-6347

    $2,275,000
    Estimated value
    17,391 sqft 1.02 AC lot
    View details
    220 Jackson Ave
    RETAIL STORES (PERSONAL SERVICES)

    220 Jackson Ave, Knoxville, TN 37902-1072

    Value Estimation by Request
    67,200 sqft 0.53 AC lot
    View details
    1134 Broadway St
    RETAIL STORES (PERSONAL SERVICES)

    1134 Broadway St, Knoxville, TN 37917-6527

    Value Estimation by Request
    4,600 sqft 0.24 AC lot
    View details

    Knoxville, TN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Knoxville, TN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 84,774 square feet of properties for sale, with an estimated market value of $16,139,999.

    Sale prices for retail space in Knoxville, TN start at $214,999, averaging $1,613,999, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 25
    Automotive properties 17
    Storefront properties 12
    Auto shops 6
    Showrooms 6

    Demographics Overview

    Population 443K
    Population Growth (5Y) +8.2%
    Median Household Income $75,913
    College Educated 31.8%

    High-Yield Neighborhoods for Investment

    Identify Knoxville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37917 $400K
    37920 $1.2M
    37924 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $35.10 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Knoxville fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Knoxville, TN

    • 37920
    • 37917
    • 37916
    • 37922

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