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Investment Highlights
- Redevelopment Potential
- Located along a high-growth South Knoxville corridor near major destinations
- CN-1 zoning supports broad commercial and mixed-use applications
Executive Summary
Prime Redevelopment Opportunity in Knoxville's Fast Growing Vestal Community
Mike Fuller Realty & Co. is pleased to present the offering of this Prime Redevelopment Opportunity in Knoxville’s Fast-Growing Vestal Community! Unlock the potential of this 7,374 SF, two-story commercial building on combined 0.21 acres in South Knoxville’s Vestal neighborhood, an area experiencing rapid commercial growth, redevelopment activity, and rising long-term demand.
Zoned Neighborhood Commercial (CN-1), the property accommodates multi-family, retail, service businesses, studio/creative space, offices, or mixed-use concepts.
Ideally positioned just off Maryville Pike, one of South Knoxville’s busiest commercial corridors, the site offers high visibility, strong traffic counts, and proximity to established and emerging businesses.
Minutes from well-known South Knoxville and Knoxville destinations including Aretha Frankenstein's, Kern's Food Hall, the University of Tennessee campus, UT Medical Center, Ijams Nature Center, Fort Dickerson Park/Augusta Quarry, and Downtown Knoxville, the property is strategically located to benefit from increasing consumer and business activity.
The building features three separate suites on the first floor, and one on the second floor, enabling owner-user occupancy, rental income, or phased redevelopment. While renovation is required, the partially opened interior provides a blank canvas for repositioning and adaptive reuse.
Property Highlights:
7,374 SF on two levels
0.21 (combined) acres with alley access and redevelopment potential
CN-1 zoning supports broad commercial and mixed-use applications
Located along a high-growth South Knoxville corridor near major destinations
Suitable for value-add investors, trades, creative users, and owner-operators
Minutes to Downtown Knoxville and key SoKno amenities
Whether envisioned as a boutique retail hub, maker/production space, flex commercial use, or live-work transformation, this property offers a rare and well-priced opportunity at $380,000 in one of Knoxville’s most active growth corridors.
Prospective purchaser voluntarily assumes all risks (known and unknown, foreseen and unforeseen) of injury, illness, death, or loss or damage to property arising out of or related to their entry upon and presence at the property. To the fullest extent permitted by law, Prospective purchaser, for itself and its heirs, personal representatives, and assigns, hereby release, waive, and discharge Mike Fuller Realty and Company, LLC and its owners, members, managers, officers, employees, independent contractors, and agents, and each of their respective affiliates, successors, and assigns (collectively, the “Released Parties”) from any and all claims, demands, causes of action, liabilities, damages, costs, and expenses (including reasonable attorneys’ fees) of any kind, whether in law or equity, arising out of or related to Prospective Purchaser’s entry upon and presence at the Property, including any personal injury, illness, death, or property damage, except to the extent finally determined to have been caused by the gross negligence or willful misconduct of a Released Party.
Mike Fuller Realty & Co. is pleased to present the offering of this Prime Redevelopment Opportunity in Knoxville’s Fast-Growing Vestal Community! Unlock the potential of this 7,374 SF, two-story commercial building on combined 0.21 acres in South Knoxville’s Vestal neighborhood, an area experiencing rapid commercial growth, redevelopment activity, and rising long-term demand.
Zoned Neighborhood Commercial (CN-1), the property accommodates multi-family, retail, service businesses, studio/creative space, offices, or mixed-use concepts.
Ideally positioned just off Maryville Pike, one of South Knoxville’s busiest commercial corridors, the site offers high visibility, strong traffic counts, and proximity to established and emerging businesses.
Minutes from well-known South Knoxville and Knoxville destinations including Aretha Frankenstein's, Kern's Food Hall, the University of Tennessee campus, UT Medical Center, Ijams Nature Center, Fort Dickerson Park/Augusta Quarry, and Downtown Knoxville, the property is strategically located to benefit from increasing consumer and business activity.
The building features three separate suites on the first floor, and one on the second floor, enabling owner-user occupancy, rental income, or phased redevelopment. While renovation is required, the partially opened interior provides a blank canvas for repositioning and adaptive reuse.
Property Highlights:
7,374 SF on two levels
0.21 (combined) acres with alley access and redevelopment potential
CN-1 zoning supports broad commercial and mixed-use applications
Located along a high-growth South Knoxville corridor near major destinations
Suitable for value-add investors, trades, creative users, and owner-operators
Minutes to Downtown Knoxville and key SoKno amenities
Whether envisioned as a boutique retail hub, maker/production space, flex commercial use, or live-work transformation, this property offers a rare and well-priced opportunity at $380,000 in one of Knoxville’s most active growth corridors.
Prospective purchaser voluntarily assumes all risks (known and unknown, foreseen and unforeseen) of injury, illness, death, or loss or damage to property arising out of or related to their entry upon and presence at the property. To the fullest extent permitted by law, Prospective purchaser, for itself and its heirs, personal representatives, and assigns, hereby release, waive, and discharge Mike Fuller Realty and Company, LLC and its owners, members, managers, officers, employees, independent contractors, and agents, and each of their respective affiliates, successors, and assigns (collectively, the “Released Parties”) from any and all claims, demands, causes of action, liabilities, damages, costs, and expenses (including reasonable attorneys’ fees) of any kind, whether in law or equity, arising out of or related to Prospective Purchaser’s entry upon and presence at the Property, including any personal injury, illness, death, or property damage, except to the extent finally determined to have been caused by the gross negligence or willful misconduct of a Released Party.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,374 SF
Building Class
C
Year Built/Renovated
1921/2009
Price
$530,526 CAD
Price Per SF
$71.95 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-N - Neighborhood Commercial
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $45,498 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$45,498 CAD
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