For Sale - Exceptional Opportunity to own the entire second floor of the Phoenix Building. This fully leased commercial real estate investment is in the heart of downtown Knoxville, located on one of Gay Streets busiest blocks. The building is zoned DK-H. This zoning allows for future redevelopment opportunities to transform the entire floor to residential lofts or other uses. Currently comprised of 2 commercial suites and a large common area totaling 7136 SF. The Phoenix features inviting modern spaces that marry old-world charm with contemporary comforts. The second floor is spacious and elegant with beautiful hardwood floors, lofty ceilings that accentuate an open, airy atmosphere. Abundant natural light stretches along the front and back of the building with large vertical windows that create beautiful spaces. The versatile suites provide a balance of private offices and generously sized open creative areas. Private and common area restrooms. This floor also includes a large, shared conference room conveniently situated in the middle of both units. Convenient Parking: A monthly pay-lot is easily accessible from directly behind the building with a door in the rear of the building leading to the parking lot. Join a vibrant community of tenants, including Status Dough, Phoenix Pharmacy & Soda Fountain, Jackson Avenue Tea Company, Christopher Robin Arts, Paragon Infusion, and Valley Medical. Floors 3-5 are residential condominiums. Please contact the listing agents for more information.