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

Overview

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

Listing Details MLS# 1291969

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

Contract Info

Auction Y/N
Yes

General Property Description

SqFt - Total (Aprox)
7000
Lot Dimensions
50 x 142.50
Acres
0.08
# of Buildings
Yes
Stories
Yes
Zoning
C-2
Condition
Good
Restrictions
Yes
Property Status
N/A
# Parking Spaces
0

Status Change Info

Status Change Date
2025-04-21
Under Contract Date
2025-03-19
Sold Date
2025-04-18

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

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
City Limits
Total Tax
1727.95

More Information

Location

Central Busns Area
Yes
Inside City
Yes

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

Commercial Type

Commercial
Yes
Retail
Yes
Warehouse
Yes

Construction

Frame - Brick
Yes

Sale/Lease Includes

Building
Yes
Fee Simple
Yes

Siding

Cement
Yes
Metal
Yes
Other
Yes

Road Access

Public Road
Yes

Cooling

Central Cooling
Yes

Utilities on Site

Electric
Yes
Natural Gas
Yes
Public Water
Yes
Sewer
Yes
Telephone
Yes

Docs on File

None
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Additional Info

Other
Yes

Easements

None
Yes

Heat

Central
Yes

Expenses Included

Other
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

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
IDX
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.