8541 Asheville Hwy, Knoxville, TN 37924 (MLS# 1356515)

Location

Central Busns Area

Yes

Remarks & Misc

Directions

From I-40, take exit 394. Head east on Asheville Highway toward Jefferson City. The property will be on the left right before the Asheville Highway/11E split.

Public Remarks

ONLINE ONLY REAL ESTATE AUCTION | Prime Commercial Property -- 1.52+/- Acres -- Asheville Highway/11E Intersection -- Approximately 6 Miles to I-40 | BIDDING BEGINS TO CLOSE: Wednesday, October 21st at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, October 19th at 12:00PM - Noon (ET) This exceptional commercial property presents a outstanding opportunity for business owners, investors, and developers seeking a highly visible and accessible location at the prominent Asheville Highway/11E intersection in a convenient location approximately 6 miles from I-40. Featuring 1.52+/- acres with approximately 578 feet of road frontage, a well-appointed main building, a large two-bay garage, an accessory storage building, and a large paved parking area, this property is ready to accommodate a wide range of commercial uses under its CA -- General Business Zone designation. The main building features three exterior doors and is thoughtfully configured into three rooms, offering excellent flexibility for a variety of business operations with two connected rooms featuring a half bathroom, a three-basin stainless sink, and a stainless hand sink -- ideal for food service, salon, medical, or a variety of other commercial uses. Pass-through window connecting to the third room. Third room with utility closet and direct access to the large two-bay garage space with two 9'9″ x 10′ rollup doors -- perfect for automotive, equipment, or service-oriented businesses. Additional half bathroom with separate exterior entrance: Accessory storage building with a large attached shelter -- providing outstanding additional storage or operational space. Large paved parking area -- accommodating customers, employees, and commercial vehicles with ease. Large cleared lot area with an older single-wide in the process of being set up -- offering additional on-site living or office potential. Approximately 578 feet of road frontage -- providing exceptional visibility and accessibility. Situated at the highly trafficked Asheville Highway/11E intersection, this property offers outstanding visibility and road frontage on a major commercial corridor with 2025 Annual Average Daily Traffic Counts of 21,054 (Nearest Traffic Count Location 47000058). Approximately 6 miles to I-40. Convenient access to the surrounding communities and customer base. Commercial properties with this combination of road frontage, acreage, garage space, storage buildings, and a prime intersection location are increasingly difficult to find. Whether you're establishing a new business, expanding an existing operation, or securing a versatile investment property in a high-visibility corridor, this 1.52+/- acre CA-zoned property delivers the location, infrastructure, and flexibility to make virtually any commercial vision a reality. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Commercial Type

Commercial

Yes

Construction

Concrete Block

Yes

Sale/Lease Includes

Building

Yes

Land

Yes

Road Access

Public Road

Yes

State Highway

Yes

Cooling

Central Cooling

Yes

Window Unit(s)

Yes

Utilities on Site

Electric

Yes

Public Water

Yes

Sewer

Yes

Fuel

Electric

Yes

Additional Info

Other

Yes

Easements

Other

Yes

Heat

Central

Yes

Other

Yes

Expenses Included

Other

Yes

Building/Business Tp

Automotive Service

Yes

Bldg,Trde,Spls & Svc

Yes

Business Service

Yes

Church

Yes

Dental

Yes

Distributing

Yes

Food Service

Yes

Medical

Yes

Professional Service

Yes

Professional/Office

Yes

Retail

Yes

Other

Yes

New Financing

Cash

Yes

Conventional

Yes

Showing

See Agent Instructns

Yes

Property Features