1400 Washington Ave - Warehouse FOR SALE


Knoxville, TN 37917- East Knoxville
$8,500,000 USD
843-518-6809
1400 Washington Ave, Knoxville, TN for Sale
$8,500,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

1400 Washington Ave
Knoxville, TN 37917
East Knoxville


HIGHLIGHTS

  • Opportunity Zone location with substantial potential tax benefits for qualifying investors.
  • Approximately 9.54 acres and ±400,000 square feet of existing building structure suitable for adaptive reuse.
  • Minutes from Downtown Knoxville and the University of Tennessee, providing strong market visibility.
  • Industrial Mixed-Use zoning supports retail, entertainment, residential, and other commercial applications.

OVERVIEW

This property offers a premier redevelopment opportunity within minutes of Downtown Knoxville and the University of Tennessee campus. The former Standard Knitting Mill spans approximately 9.54 acres with an existing structure of roughly 400,000 square feet, creating a substantial footprint for adaptive reuse or repositioning. Located within an Opportunity Zone, the site provides valuable tax incentives for qualified investors, enhancing long-term returns and redevelopment potential. The property benefits from strategic frontage and accessibility, positioned near major transportation arteries, including Interstate 40 and prominent urban connectors. Knoxville’s dynamic economic environment and robust population base provide strong demand drivers for mixed-use, commercial, and residential developments. Industrial Mixed-Use (I-MU) zoning allows for a wide range of future uses, including entertainment, retail, and multifamily, offering exceptional design flexibility for end users or developers. Given its scale and location, this asset represents a rare chance to transform a historic industrial facility into a thriving hub within one of Tennessee’s most active growth markets.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Standard Knitting Mill

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1958

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

14

DRIVE INS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

8.9

LAND SF

387,684

ZONING

I-3

APN/PARCEL ID

082PD-001

ASK ABOUT THIS PROPERTY

Frank PetersWRS, Inc.More Info
843-518-6809

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Frank PetersWRS, Inc.More Info
843-518-6809

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.