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145 S Gay St
Knoxville, TN 37902

$2,700,000 USD

Restaurant For Sale  •  3,200 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,200 SF
  • Building Class C
  • Year Built 1900
  • Cap Rate 5.63 %
  • Tenancy Multiple
  • Zoning commercial
59 Transit Score
91 Walk Score

Highlights

Downtown Knoxville. Retail downstairs and residential upstairs
Restaurant and Mini Mart already in place on Triple net leases
Airbnb and Vrbo rentals upstairs

Property Flyers

Financial Summary (Actual)

Net Operating Income: $113,999 USD (2024)
Cap Rate: 5.63 %
Total Expenses: $44,501 USD

Amenities

  • Food Court

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 30 min - 15.9 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Type: Reserved
Included in Rent: Yes
Steve Larimer 703-342-9163 Knox Realty
Steve Larimer 703-342-9163 Knox Realty