209 E Broadway St, Lenoir City, TN 37771
$370,150
Property Type:
Commercial
Square Footage:
7,000
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$370,150
List Date:
3/04/2025
Last Modified:
4/21/2025
Description
ONLINE REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Wednesday, March 19th at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, March 17th from 2:00-4:00PM (ET) | Prime Commercial Space in Downtown Lenoir City. 7,000+/- SF Building with Endless Potential. Built in 1913 and once home to Hall Motor Company in the 1960s, this exceptional commercial property offers 5,000 SF of showroom space plus 2,000 SF of warehouse area in the heart of Lenoir City's thriving business district. This premier property enjoys an unbeatable location on Broadway in Downtown Lenoir City, positioned just one building away from the Lenoir City Post Office and directly across from the Lenoir City Board of Education offices. The strategic placement provides excellent visibility with a nearby traffic count of 14,511 vehicles daily. Minutes from I-75, West Knoxville, and Fort Loudoun Lake, the building sits in growing Loudon County with its population of over 63,000 residents. The structure showcases authentic historical character through its original exposed truss and beam construction. The original brick walls remain intact beneath the current interior paneling, offering restoration possibilities for buyers seeking historic charm. Modern amenities include central heat and air throughout the entire space, with city water, sewer, and natural gas readily available. The architectural design features a gabled roof in the front half with a flat rubber roof covering the back portion. With advantageous C-2 (Central Business District) zoning, this property represents the largest open space currently available on Broadway. The flexible zoning makes it perfect for retail establishments, restaurants, professional offices, or mixed-use development projects. Don't miss this opportunity to own a piece of Lenoir City history while positioning your business in this strategic commercial corridor. The property's authentic charm combined with its prime location makes this a truly unique investment opportunity.
Kenny Phillips, Auctioneer | TN Lic #2385
Phillip Hopper, Auctioneer | TN Lic #6709
More Information MLS# 1291969
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: City Limits
Total Tax: 1727.95
Contract Info
Auction Y/N: Yes
Current Price: $370,150
Status: Closed
Listing Date: 2025-03-04
Location
Central Busns Area: 1
Inside City: 1
General Property Description
Lot Dimensions: 50 x 142.50
Acres: 0.08
# of Buildings: 1
Restrictions: Yes
Stories: 1
Zoning: C-2
Property Status: N/A
# Parking Spaces: 0
Condition: Good
SqFt - Total (Aprox): 7000
Remarks & Misc
Directions: Take I-75 exit 81. Head south on 321. Turn right on Broadway to the building on the right.
Public Remarks: ONLINE REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Wednesday, March 19th at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, March 17th from 2:00-4:00PM (ET) | Prime Commercial Space in Downtown Lenoir City. 7,000+/- SF Building with Endless Potential. Built in 1913 and once home to Hall Motor Company in the 1960s, this exceptional commercial property offers 5,000 SF of showroom space plus 2,000 SF of warehouse area in the heart of Lenoir City's thriving business district. This premier property enjoys an unbeatable location on Broadway in Downtown Lenoir City, positioned just one building away from the Lenoir City Post Office and directly across from the Lenoir City Board of Education offices. The strategic placement provides excellent visibility with a nearby traffic count of 14,511 vehicles daily. Minutes from I-75, West Knoxville, and Fort Loudoun Lake, the building sits in growing Loudon County with its population of over 63,000 residents. The structure showcases authentic historical character through its original exposed truss and beam construction. The original brick walls remain intact beneath the current interior paneling, offering restoration possibilities for buyers seeking historic charm. Modern amenities include central heat and air throughout the entire space, with city water, sewer, and natural gas readily available. The architectural design features a gabled roof in the front half with a flat rubber roof covering the back portion. With advantageous C-2 (Central Business District) zoning, this property represents the largest open space currently available on Broadway. The flexible zoning makes it perfect for retail establishments, restaurants, professional offices, or mixed-use development projects. Don't miss this opportunity to own a piece of Lenoir City history while positioning your business in this strategic commercial corridor. The property's authentic charm combined with its prime location makes this a truly unique investment opportunity.
Kenny Phillips, Auctioneer | TN Lic #2385
Phillip Hopper, Auctioneer | TN Lic #6709
Auction
Bidder Must Qualify: Yes
Buyers Premium: Yes
Buyers Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2025-03-19
Auction Location: Online Bidding Only
Auction Time: 12:00PM - Noon (ET)
Open for Inspection Date: 2025-03-17
Commercial Type
Commercial: 1
Retail: 1
Warehouse: 1
Construction
Frame - Brick: 1
Sale/Lease Includes
Building: 1
Fee Simple: 1
Siding
Cement: 1
Metal: 1
Other: 1
Road Access
Public Road: 1
Cooling
Central Cooling: 1
Utilities on Site
Electric: 1
Natural Gas: 1
Public Water: 1
Sewer: 1
Telephone: 1
Docs on File
None: 1
Fuel
Electric: 1
Gas (Natural): 1
Additional Info
Other: 1
Easements
None: 1
Heat
Central: 1
Expenses Included
Other: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 209
St Dir: E
Street Name: Broadway
St Suffix: St
State/Province: TN
Zip Code: 37771
PIN #: 020K H 023.00
Geo Lat: 35.792154
Geo Lon: -84.264613
Status Change Info
Status Change Date: 2025-04-21
Under Contract Date: 2025-03-19
Sold Date: 2025-04-18
Sold Price: $370,150
Property Features
Commercial Type: Commercial; Retail; Warehouse
Road Access: Public Road
Utilities on Site: Electric; Natural Gas; Public Water; Sewer; Telephone
Docs on File: None
Additional Info: Other
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Central Cooling
Location: Central Busns Area; Inside City
Construction: Frame - Brick
Siding: Cement; Metal; Other
Easements: None
Expenses Included: Other
New Financing: Cash; Conventional
Showing: See Agent Instructns
Listing Office: Powell Auction & Realty,LLC
Office Phone: 865-938-3403
Last Updated: April - 21 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
