Fantastic retail space in the historic Holston Building on Gay Street. Originally built as the Holston Bank, the commercial space retains most of the original marble floors and high ceilings. Across the street from the Tennessee Theater, close to the Riviera, and a block from Market Square, this is an opportunity to be in the center of Knoxville's thriving downtown. The buyer enjoys sign rights to the elevator penthouse above the 12th floor, prominent in all of downtown, visible from I-40/75, Western Avenue, Summit Hill, etc - more than 200,000 cars per day.
At the center of Downtown's business, residential, and entertainment activity, 531 S Gay is a prime location for banking (returning the space to its historic use), fine dining (see link to explore possibilities for opening onto Krutch Park extension), or retail (attract traffic from Gay Street and Krutch Park/Market Square).
4121 SF Gay Street level, 3212 SF below grade. Measurements taken from master deed; buyer to verify.
|10 Gb/s: Level 3 Communications, LLC|
|25 Mb/s: Comcast|
|1.5 Mb/s: AT&T Tennessee|
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.