200 Jennings Ave, Knoxville, TN 37917

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Building Details:

200 Jennings Ave is located in Knoxville, TN.

Excellent redevelopment opportunity in the up-and-coming North Central area. Bordered by quaint Stone Street, Tyson Street and Jennings Avenue, and situated across from Historic Old Gray Cemetery, the properties are easily accessible off Central Street. This three-building portfolio offers a chance to be a part of Downtown North's resurgence. Highlights on each building can be found below:

822 Tyson Street (faces Stone St)
-2000-sq-ft, 1-story green block building
-Occupied (month-to-month light manufacturer)
-Wide open interior, 12' ceiling, and expansive, fenced lay-down yard or parking area
-2 roll-up doors
-Relatively new wooden windows, storefront w/ awning, rear door and painted exterior (all from 2010)
-Excellent opportunity for small restaurant/bar or light manufacturer (e.g., woodworker)
-Current month-to-month tenant has expressed interest in being a long-term occupant
-Building has power and water but no mechanical, other than a gas-powered heater suspended from the ceiling (may not currently function)

200 Jennings Avenue
-2000-sq-ft, 1-story purple block building
-Occupied (3-yr lease to a bookseller)
-Building has power but no water and limited mechanical
-2010 work: new paint, windows, roll-up door, side entry door, and sliding security gate
-Interior courtyard between 200 and 208 Jennings Ave

208 Jennings Avenue
-8,000-sq-ft, 2-story red brick building
-Vacant
-Exposed brick walls and exposed ceiling
-Some tongue and groove hardwood is visible on first floor, and agent believes it covers the first floor (currently covered by plywood)
-Second floor has hardwood floors, exposed brick walls and exposed ceiling
-Relatively new wooden windows, double-door entrance w/ awning, side entrance with roll-up gate and metal rear door (all from 2010)
-Power, water and sewer are available but disconnected
-Freight elevator (unknown whether it it's functioning)
-Unfinished partial basement approximately 1,500 sq ft (with 2 stories above)
-Interior courtyard between 200 and 208 Jennings Ave

PARKING
-Ample street parking on Stone St, Tyson St and Jennings Ave
-Parcel with 200 and 208 Jennings Ave is zoned C-3, but a variance was obtained reducing the number of required onsite parking spaces to 0. Parcel with 822 Tyson St is zoned C-2, where no on-site parking is required. While installing a parking lot on the 822 Tyson parcel is possible, it isn’t required.