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Trophy Tower in Downtown Knoxville 607 Market St 122,859 SF 100% Leased 4-Star Office Building Knoxville, TN 37902 For Sale

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INVESTMENT HIGHLIGHTS

  • Premier Downtown Knoxville Location
  • Multiple Redevelopment Scenarios
  • Rare Adjoining Parking Component
  • Flexible Zoning – DK-G (Downtown General)
  • Expanding Tourism & Hospitality Market
  • Blank Slate Redevelopment Opportunity

EXECUTIVE SUMMARY

SVN | Wood Properties is pleased to exclusively present the opportunity to acquire 607 Market Street and 413 Clinch Avenue, two highly desirable assets located in the heart of Downtown Knoxville. 607 Market Street offers a rare blank-slate opportunity for a transformative redevelopment of a true downtown landmark. The 13-story, approximately 125,000-square-foot office building, sits on 0.43 acres directly overlooking Krutch Park and Market Square. Its location provides exceptional visibility, walkability, and direct access to Knoxville’s vibrant core of retail, dining, entertainment, and business amenities.
Directly adjacent to the building is 413 Clinch Avenue, a 0.37-acre surface parking lot currently providing 43 spaces. The parking lot serves as an attractive complement to the building, offering valuable on-site parking or potential for future development as part of a larger redevelopment plan.
Both parcels are zoned DK-G (Downtown General), one of Knoxville’s most flexible zoning designations, allowing for a wide range of uses including office, multifamily, hospitality, or mixed-use development. Importantly, there are no building height restrictions, enabling a visionary investor to fully capitalize on the site’s premier location and scale.
This offering represents a unique opportunity to reposition or redevelop a prominent downtown property and participate directly in Knoxville’s continued urban growth and revitalization. With flexible zoning, prime location, and significant value-add potential, 607
Market Street and 413 Clinch Avenue are ideally positioned for a wide range of investors, developers, and end users.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
122,859 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1965/2005
Percent Leased
100%
Tenancy
Multiple
Building Height
13 Stories
Typical Floor Size
10,238 SF
Building FAR
3.53
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
DK-G - Downtown Knoxville Zoning Area
Parking
43 Spaces (0.35 Spaces per 1,000 SF Leased)

AMENITIES

  • Reception
  • Natural Light
  • Reception
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

The firm of Whitt, Cooper, Trant & Hedrick (WCTH) brings together four prominent lawyers with decades of senior-level experience and the knowledge to defend your rights and your freedom. The combined strengths of Whitt, Cooper, Trant & Hedrick (WCTH) include membership in the National Association of Criminal Defense Lawyers, certification as a Criminal Trial Specialist, diverse academic backgrounds from outstanding schools, decades of experience at the state, federal, and Supreme Court levels, and knowledge trusted in their profession as a lecturer and co-chair of the Knoxville Bar Association.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

London Amburn is a 22 attorney law firm located in Knoxville, Tennessee with attorneys licensed in Tennessee, Kentucky, North Carolina, Illinois, and New Mexico. Their practice areas encompass healthcare (including medical malpractice and nursing home defense, corporate, transactional, regulatory, and compliance matters), mergers and acquisitions, general corporate and business, employment, workers' compensation, mediation, products liability, transportation, and a general civil trial practice in both federal and state courts.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The Lunchbox is your one stop for delicious homestyle, quality lunches, and catering options. Throughout the years they have been known for a few things, including the best chicken salad in Knoxville. Back in 1981, “The Lunchbox,” was born thinking back to the school lunches that mothers packed with things that were fresh, simple and homemade. They believe people appreciate that feeling in the middle of their hectic work day. With daily menu specials like chicken enchiladas, pumpkin muffins, chicken gumbo, Italian cream cake and of course “The Lunchbox chicken salad,” their goal is to be the quality alternative at lunchtime.

  • Finance and Insurance
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Since the Lincoln administration signed their national bank charter No. 24 in 1863, they’ve drawn on their financial strength to serve customers. This has been especially evident in times of need, such as during the COVID-19 pandemic. Their response by the end of 2020 included a $20 million premium pay program for their employees, relief assistance and 108,000 Small Business Administration Paycheck Protection Program (PPP) loans for their customers, and $30 million in expedited charitable contributions for their communities. As a result, they’re proud to have been named the most essential bank amid the pandemic in a ranking by The Harris Poll. They also recognize that this past year has fundamentally changed banking by accelerating the shift to digital products and services. They’re positioned well for this future, having launched new tools – like the U.S. Bank Smart Assistant™ – to complement their 26-state branch footprint.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services - - Lorem Ipsum Jan 0000
Professional, Scientific, and Technical Services - - Lorem Ipsum Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000
Finance and Insurance - - Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
094LG-011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,683,777 CAD
  • Listing ID: 36666070

  • Date on Market: 2025-07-09

  • Last Updated:

  • Address: 607 Market St, Knoxville, TN 37902

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