Ground floor office w/ apartments upstairs. 4301 Washington Pike

4,320 SF 40% Leased Office Building Knoxville, TN 37917 $749,900 ($174/SF)

Executive Summary

Ground floor office with beautiful apartment/nightly rentals upstairs.
Charming mixed-use two-story 4.425 sf building has been beautifully renovated as shared and individual office space on the main level (2,574 sf) and two cozy and charming residential units (approximately 950 and 630 sf) on the second floor. Located on in an area with strong demand for small office space, and for residential and nightly rental space, 4301 Washington Pike represents a fantastic investment opportunity.
The 1925 building sits on 0.28 acres at the corner of Washington Pike and Alice Bell Road. There is currently paved parking for 9 spaces with room available to establish up to 3 new spaces. The property was acquired by the current owner in 2022 and has been improved since that time with the intent to continue operating the ground floor as office space and the two residential rental units upstairs as nightly rentals. The building is ready to use for these or similar purposes and represents an excellent investment opportunity.
Measurements are based on public records and to be verified by buyer.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,320 SF
Building Class
B
Year Built/Renovated
1925/2022
Price
$749,900
Price Per SF
$174
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,160 SF
Building FAR
0.35
Lot Size
0.28 AC
Zoning
C-N - commercial neighborhood zoning district
Parking
9 Spaces (2.08 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,574 SF
  • Office
  • Full Build-Out
  • Jan 2025

Flexible ground floor offices with furnished co-working space! Charming mixed-use two-story building has been recently and beautifully renovated with shared and individual office space on the main level (2,574 sf). The main level office space is fully-furnished, REALLY nice, and is available for lease right now. Located within about a ten-minute drive from downtown Knoxville, 4301 Washington Pike represents an excellent opportunity for an organization that would benefit from a contemporary open office plan with great amenities, with four private offices surrounding the open area; two of these were most recently used as office/recording studios. A very nice covered and enclosed porch serves as the entry. Almost all of the furnishings you see in the images are included in the lease, so a new tenant can open its doors for business immediately. The 1925 building sits on 0.28 acres at the corner of Washington Pike and Alice Bell Road. There is currently paved parking for 9 spaces with room available to establish up to 3 new spaces. The property was acquired by the current owner in 2022 and has been improved since that time with the intent to continue operating the ground floor as office space or street level. The building is ready to use for this or similar purposes and represents a strong value for any organization seeking a relaxed office vibe in a very cool renovated building. All measurements are based on public records and to be verified by buyer.

Space Size Space Use Condition Available
1st Floor 2,574 SF Office Full Build-Out Jan 2025

1st Floor

Size
2,574 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

PROPERTY TAXES

  • Listing ID: 33121111

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 4301 Washington Pike, Knoxville, TN 37917