For Sale
$1,200,000

313 Broadway St Knoxville, TN 37917

High-Visibility Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
135
This 1,800 sq ft convenience store, located at 313 N Broadway in Knoxville, TN, presents a unique investment opportunity. Situated on a prime corner lot in a rapidly developing area of downtown Knoxville, this property offers exceptional visibility and accessibility. Built in 1940, the single-story building features a new TPO roof, HVAC system, and a state-of-the-art security system with cameras. The existing convenience store layout includes a new hood and walk-in cooler, presenting potential for a commercial kitchen expansion. Ample parking is available on-site, with a fenced yard and adjacent paved lot. The property is zoned DK-E and includes APN numbers 094EL006 and 094EL007. Its proximity to the Tennessee Smokies stadium, Gay Street, and Market Square makes it an ideal location to capitalize on the thriving downtown Knoxville market. The asking price is $1,200,000, translating to $666.67 per square foot. This owner/user opportunity allows for immediate income generation and future development potential, contributing to the ongoing revitalization of the neighborhood. The property's strong features and strategic location make it a compelling investment for those seeking a foothold in the dynamic Knoxville market.

Highlights

  • 1,800 sq ft convenience store on a prime corner lot in downtown Knoxville, TN.
  • New roof, HVAC, and security system.
  • Existing commercial kitchen potential with new hood and walk-in cooler.
  • Ample on-site parking with fenced yard and adjacent paved lot.
  • Zoned DK-E, APN 094EL006 & 094EL007.
  • $1,200,000 asking price ($667/sq ft).

Property Details for 313 Broadway St

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,800 SF
Year Built
1940
Buildings
1
Stories
1
Units
1

Location Insight

City
Knoxville
County
Knox
State
Tennessee
Latitude
35.9699278
Longitude
-83.9242491

FAQs

What type of property is this?
Retail property - High-Visibility Retail Investment
Where is the retail property located?
The property is located at 313 Broadway St Knoxville, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1,800 sq ft convenience store on a prime corner lot in downtown Knoxville, TN.; New roof, HVAC, and security system.; Existing commercial kitchen potential with new hood and walk-in cooler.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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313 Broadway St
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