808 Sevier AveKnoxville, TN 37920

  • Sports & entertainment properties
  • 3,672 SF
For Sale
$950,000 View listing

Property Details for 808 Sevier Ave

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
3,672 SF
Property type
Sports & entertainment properties
Property subtype
Casinos
APN
095PE027
APU
095PE027

Description

This 5,112 square foot storefront at 808 Sevier Avenue in Knoxville, Tennessee, presents a unique investment opportunity. Priced at $950,000 ($185.84/sq ft), this property boasts a prime location in the thriving Old Sevier neighborhood, just half a mile from both the Gay Street Bridge and James White Parkway. Built in 1986, the single-story building sits on a 9,975 square foot lot and includes seven parking spaces. The property features two structures functioning as one, offering flexibility for various uses, including restaurants, bars, retail, performance spaces, or redevelopment. Its high visibility and proximity to popular establishments like Honeybee Coffee, Hi-Wire Brewing, and Fly by Night Cocktail Lounge make it an ideal location for a thriving business. The permitted zoning is SW-3. The property is available for occupancy on July 23, 2024. The APN is 095PE027. One structure could be utilized as a large covered outdoor area. This is a rare chance to acquire a versatile commercial space in a rapidly growing area of Knoxville.

808 Sevier Ave, Knoxville, Tennessee

Location Insight

City
Knoxville
County
Knox
State
Tennessee
Latitude
35.9579
Longitude
-83.9073
CBSA code
28940
CBSA name
KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,008
-
-
$135,000
-
$121,400
$216,100
$337,500

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