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.