612 S Gay St, 1-4, Knoxville, TN 37902

$2,400,000
Property Type: Commercial Square Footage: 16,300 Status: Closed
Current Price: $2,400,000 List Date: 11/02/2017 Last Modified: 1/03/2019

Description

Historic building in prime Gay Street location has unlimited development potential. Zoned C-2/D-1, this property is well suited for an upscale showroom, retail, or restaurant on the main level, with 3 additional floors of flex space just waiting for the perfect corporate office, hospitality group, or private residential tenant. This rare opportunity lends itself to custom design and high quality buildout like no other. Two doors from the Tennessee Theater, occupants will enjoy Gay Street views and access while in the heart of the vibrant Theater District. Downtown Knoxville is quickly growing into a ''Must See and Experience'' destination.

More Information MLS# 1021546

Location, Tax & Legal Info

Unit #: 1-4 Area: Knox County - 1 City/County Code: City Limits Total Tax: 30396.22

Contract Info

Auction Y/N: No Listing Price: 2500000 Current Price: $2,400,000 Status: Closed Listing Date: 2017-11-02

Location

Central Busns Area: 1 Inside City: 1

General Property Description

Lot Dimensions: 32x145 Acres: 0 # of Buildings: 1 Restrictions: Yes Stories: 4 Zoning: C2/D1 Property Status: N/A # Parking Spaces: 0 Condition: Good SqFt - Total (Aprox): 16300

Remarks & Misc

Directions: I-40 to Henley St. Exit, TL onto W. Church Ave SW, TL onto S. Gay St. Building on right, sign on bldg. Public Remarks: Historic building in prime Gay Street location has unlimited development potential. Zoned C-2/D-1, this property is well suited for an upscale showroom, retail, or restaurant on the main level, with 3 additional floors of flex space just waiting for the perfect corporate office, hospitality group, or private residential tenant. This rare opportunity lends itself to custom design and high quality buildout like no other. Two doors from the Tennessee Theater, occupants will enjoy Gay Street views and access while in the heart of the vibrant Theater District. Downtown Knoxville is quickly growing into a ''Must See and Experience'' destination.

Commercial Type

Commercial: 1 Office Building: 1 Retail: 1 Shopping Center: 1

Construction

Masonry: 1

Sale/Lease Includes

Fee Simple: 1

Siding

Brick: 1 Stone: 1

Road Access

Public Road: 1

Miscellaneous

220 Volt Power: 1 DSL Available: 1 Handicap Accessible: 1 Inside Storage: 1 Internet Available: 1 Rest Rooms: 1 Wired for DSL: 1 Wired for Internet: 1

Cooling

Other: 1

Utilities on Site

Electric: 1 Public Water: 1 Sewer: 1 Telephone: 1

Fuel

Electric: 1 Gas (Natural): 1

Additional Info

Tax Information: 1

Easements

Other: 1

Heat

Other: 1

Expenses Included

Other: 1

Building/Business Tp

Bar/Tavern/Lounge: 1 Church: 1 Dental: 1 Food Service: 1 Franchise: 1 Historical: 1 Hotel/Motel: 1 Medical: 1 Professional Service: 1 Professional/Office: 1 Retail: 1 Other: 1

Equipment

Elevator: 1 Fire Alarm: 1 Fixtures/Furniture: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 612 St Dir: S Street Name: Gay St Suffix: St State/Province: TN Zip Code: 37902 PIN #: 095if034 Geo Lat: 35.964047 Geo Lon: -83.917181

Status Change Info

Status Change Date: 2019-01-03 Under Contract Date: 2018-12-28 Sold Date: 2019-01-02 Sold Price: $2,400,000

Property Features

Commercial Type: Commercial; Office Building; Retail; Shopping Center Road Access: Public Road Utilities on Site: Electric; Public Water; Sewer; Telephone Additional Info: Tax Information Fuel: Electric; Gas (Natural) Heat: Other Cooling: Other Location: Central Busns Area; Inside City Construction: Masonry Siding: Brick; Stone Easements: Other Expenses Included: Other Equipment: Elevator; Fire Alarm; Fixtures/Furniture Miscellaneous: 220 Volt Power; DSL Available; Handicap Accessible; Inside Storage; Internet Available; Rest Rooms; Wired for DSL; Wired for Internet New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Alliance Sotheby's International
Office Phone: 865-357-3232
Last Updated: January - 03 - 2019
612 S Gay St, 1-4, Knoxville, TN 37902- MLS# 1021546
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