Prime ±10,000 SF Mixed-Use Riverfront Opportunity – South Waterfront District Rarely does a building of this size, quality, and location hit the market in Knoxville. The City of Knoxville is investing $19 million in the Sevier Avenue streetscape, adding wider sidewalks, a riverfront trail behind the building, pedestrian upgrades, a new roundabout, a pedestrian bridge from downtown (under construction), and an 80-space public parking lot. Located in one of the fastest growing areas on the riverfront, just south of downtown in the thriving Riverfront South district, this ±10,000 freestanding property offers exceptional flexibility and upside in one of East Tennessee’s most dynamic growth corridors. Zoned C-3 (Light Industrial), the site allows for retail, office, creative space, light manufacturing, cold storage, showroom, event venue, micro-brewery, or virtually any mixed-use concept. Convenient freeway access enhances both visibility and accessibility. The building offers two expansive patio areas, the front with roll-up garage doors, plus a rear deck extension opportunity overlooking the future walking trail —creating an ideal indoor/outdoor environment for a restaurant, taproom, or music venue. With 25 climate-controlled rooms on the office side and a walk-in cooler on the industrial side, the property is also uniquely positioned for a mixed-use coworking and hospitality concept. The office and retail suites require only minor cosmetic updates to be move-in ready, making the property well-suited for a law firm, HVAC or plumbing contractor, distribution, medical supply, design studio, or any professional service seeking a high visibility, strategically located headquarters or regional office. Whether you’re an owner-user seeking the perfect headquarters, a developer hunting the ultimate adaptive-reuse opportunity, or an investor chasing strong, tax-advantaged cash flow in a supply-constrained submarket, this asset literally cannot be replicated today at any price. For investors with capital gains seeking a true tax-free vehicle (not just deferral) via an Opportunity Zone strategy, this is your move. Proximity Advantage • Immediate access to Downtown Knoxville, the University of Tennessee, I-40, I-275, and the James White Parkway • Near downtown Knoxville’s emerging tech and office hub • Fast, regional access via all major Knoxville highways • Proximity to expanding Oak Ridge Data-Center cluster (˜40 minutes) Investment Highlights That Can’t Be Replicated • Situated in a federally designated Opportunity Zone, offering significant tax advantages for qualified investors • True scarcity: Virtually zero competing ±10,000 SF buildings of this quality and condition are currently available south of the river • Strong surrounding growth: New residential, retail, and hospitality projects transforming the entire South Riverfront district Building Features & Interior Details • 25 total rooms, including multiple temperature-controlled and humidity-controlled rooms • 3 bathrooms, all backing up to each other for plumbing efficiency • Nest thermostat system • Walk-in cooler on the industrial side • Two loading bays • Gas heater in warehouse section • One humidity-controlled room in the main area + multiple temp and humidity-controlled rooms in warehouse • Rec room / kitchen area • Washer & dryer hookup • Mix of LVP, tile, vinyl, carpet (two offices), and concrete flooring • Showroom with Japanese mini-split unit • Front office suite with its own entrance, two offices, and a private bathroom • Slab foundation with drop ceiling (walls can be removed to open the full space) Mechanical & Structural • New water heater • New backflow meter • HVAC (2015) • Roof (2015) – small-pitch rubber bladder roof with external gutters Utilities & Operating • Average utilities: approx. $800/month (KUB) • All utilities provided by KUB • Proximity to three-phase power infrastructure for potential micro data center use