424 S Gay St - Office/Residential FOR SALE


Knoxville, TN 37902
$9,900,000 USD
865-357-1330
424 S Gay St, Knoxville, TN for Sale
$9,900,000 USD
Office/Residential - FOR SALE
1/38
null | Request Cap Rate

424 S Gay St
Knoxville, TN 37902


OVERVIEW

Incredible opportunity to own the historic Woodruff's Building. The property is ideally located in the heart of Downtown Knoxville on Gay Street with approximately 52,000 square feet over five stories and a basement. The street level retail is currently operated as the longstanding Downtown Grill and Brewery and includes two bars and a mezzanine level with additional seating. The second floor is built out as office space. The third, fourth and fifth floors are unfinished and could be developed into residential, office or event spaces. All restaurant and brewery equipment/fixtures can be included with the sale. All showings must be scheduled through the listing agents.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Woodruff's Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DK-H

APN/PARCEL ID

095IA-033

ASK ABOUT THIS PROPERTY

Alex WebberNAI Koella | RM MooreMore Info
865-357-1330

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Alex WebberNAI Koella | RM MooreMore Info
865-357-1330

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