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Warehouse Condo For Sale • 9,599 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1 | Industrial | 9,599 SF | $2,295,000 USD | |
Description600 E Magnolia Avenue is located one block from the new Covenant Health Park, home oftheKnoxville Smokies Baseball Team and OneKnox Sporting Club... and the 100-million-dollar development is fueling major revitalization within this corridor! This location offers an array of sports, retail, commercial, multifamily, hotel, hospitality and entertainment activities... all within walking distance to the Old City, downtown Knoxville and the University of Tennessee. On the corner of Hall of Fame Drive and Magnolia Avenue sits one of the most incredible locations at the gateway to downtown Knoxville. This site offers the opportunity to purchase, renovate and/or redevelop this prime property in one of Knoxville’s fastest-growing areas. The property offers 0.9 acres with approximately 12,000 SF including a partial basement. Additions to the original building built in 1920 includes a large expansive showroom with a glass storefront, sales counter, offices, 2 baths, and warehousing space with a loading dock. Attached to the original building is a 2-story warehouse with an innovative racking system that stays with the building. Ample parking and tractor trailer access makes this property extremely desirable! Located just off I-40 and Hall of Fame Drive and Magnolia Avenue, it also lies within the DK Zoning and in the TIF District, providing possible tax credits and other incentives for mixed-use, multifamily, hotel, or retail redevelopment. Graning Paint, serving Knoxville since 1955, will be relocating after the sale to a new downtown location. Additional property in this block may be available. Please inquire! |
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600 E Magnolia Avenue offers a rare opportunity to acquire a prime industrial property in Knoxville’s rapidly revitalizing Magnolia corridor. Positioned just one block from the new Covenant Health Park—home to the Knoxville Smokies Baseball Team and One Knox Sporting Club—this site is at the gateway to downtown Knoxville and within walking distance of the Old City, the University of Tennessee, and a vibrant mix of retail, hospitality, and entertainment venues. The property spans approximately 0.93 acres and features a 9,599 SF building originally constructed in 1920 with later additions, including a spacious showroom with glass frontage, sales counter, offices, two baths, and warehousing space with a loading dock. A two-story warehouse with an innovative racking system adds flexibility for storage and distribution. Ample parking and tractor-trailer access enhance functionality for industrial or mixed-use redevelopment. Located off I-40 at Hall of Fame Drive and Magnolia Avenue, the site benefits from DK zoning and inclusion in a TIF District, offering potential tax credits and incentives for redevelopment. Its Opportunity Zone designation further amplifies investment appeal for projects such as multifamily, retail, or hospitality. Graning Paint Co., a long-standing Knoxville business, currently occupies the property and will relocate after the sale, creating a clean slate for new ownership.
| Prime location near Covenant Health Park and downtown Knoxville |
| Situated in an Opportunity Zone and TIF District with potential tax incentives |
| Flexible building layout featuring showroom, offices, and warehouse space |
| Excellent visibility and access from Hall of Fame Drive and I-40 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| McGhee Tyson | 32 min | - | 16.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 50 |
| Type: | Surface |
| Included in Rent: | Yes |
John Lyle
Wallace Commercial
John Lyle
Wallace Commercial
