301 Wall Ave - Bank FOR SALE


Knoxville, TN 37902
$16,500,000 USD
865-357-3232
301 Wall Ave, Knoxville, TN for Sale
$16,500,000 USD
Bank - FOR SALE
1/15
null | Request Cap Rate

301 Wall Ave
Knoxville, TN 37902


HIGHLIGHTS

  • Prime development opportunity located in the heart of Knoxville, TN.
  • Second and third floors can be office, multifamily or hotel.
  • Atrium from first floor to third bringing lots of natural light.

OVERVIEW

A standalone structure situated at the prominent intersection of Wall Avenue and Gay Street, this building formerly served as the headquarters of the TVA Credit Union. Offering an impressive 58,000 square feet of space, this facility presents a versatile canvas for potential development, spanning a spectrum of uses such as mixed-use, office, multifamily, or hotel accommodations. With an investment exceeding $800,000 in demolition and preparation work, the building's structural integrity is primed for development to meet future requirements. Additionally, the property is available for lease, and for those seeking the entirety of the building, it can be secured at $22 psf. For inquiries or to schedule a viewing, please do not hesitate to contact Orel Brodt at (865) 621-0670.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

094LD-030,094LD-031,094LD-032

ASK ABOUT THIS PROPERTY

Orel BrodtSotheby's International RealtyMore Info
865-357-3232

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Orel BrodtSotheby's International RealtyMore Info
865-357-3232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.