707 Broadway StKnoxville, TN 37917

Property Details for 707 Broadway St

Year built

1988

Construction

LIGHT FRAME

Property size (Sq ft)

4,086 SF

Property type

Retail properties

Property subtype

Banks

APN

094DC015

APU

094DC015

Description

This exceptional 4,086 square foot commercial property, located at 707 N Broadway in Knoxville, Tennessee (zip code 37917), presents a unique investment opportunity. The Class A building, constructed in 1988, offers flexible space suitable for retail, office (creative or traditional), or restaurant use. The entire 4,086 square feet is currently vacant and available, divisible to a minimum of 2,043 square feet. The single-story building features high vaulted ceilings and ample parking with 87 spaces. The property is zoned DK-E and boasts a prominent location, offering high visibility and foot traffic. The space is offered as-is, with tenant improvement allowances negotiable. This is a chance to customize a space to perfectly fit your business needs in a thriving Knoxville location. The property includes three-phase power and is ready for immediate occupancy. Don't miss this chance to establish your business in a vibrant and accessible area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,536,639

  6.5%

  $1,418,436

  7%

  $1,317,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $847,729

  Geo Method

  $847,729

• Alternative Use

  Use

  Valuation

  Residential

  $1,196,504

  Hospitality

  $1,095,991

  Educational

  $911,852

  Medical

  $943,212

  Retail

  $1,418,436

Location Insight

City

Knoxville

County

Knox

State

Tennessee

Latitude

35.9768

Longitude

-83.924

CBSA code

28940

CBSA name

KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].