525 Portland St Knoxville, TN 37919

This exceptional 22,941-square-foot office complex, situated on a 3.23-acre lot in Knoxville, Tennessee, presents a unique investment opportunity. The property, located at 525 Portland St NW, 37919, boasts a prestigious address with convenient access to I-475, Kingston Pike, the University of Tennessee campus, and downtown Knoxville. Originally constructed in 1923, the building has undergone a complete renovation, resulting in a "Triple A" condition. The property is zoned I-MU, offering flexibility for various uses. On-site amenities include a basketball court and a gym, catering to employee wellness. Ample parking is available, with additional land providing potential for future expansion. The property's current tenant has a lease that extends until April 15, 2024. The asking price is $4,500,000, translating to a price per square foot of $196.16. This presents a compelling investment opportunity in a thriving Knoxville location. The property's size, location, and amenities make it an ideal choice for a variety of businesses seeking a high-quality office space. The existing tenant occupancy provides immediate cash flow, while the potential for future expansion offers significant long-term value.