Downtown Knoxville Vacant Lot

Investment Overview

PWA Properties is pleased to present 308 S Gay Street, a 0.217-acre vacant lot located in the heart of Downtown Knoxville. Zoned DK-G, the property offers a rare opportunity to acquire one of the last remaining undeveloped parcels in Downtown Knoxville, providing flexibility for a variety of potential development concepts. Positioned along S Gay Street, the site benefits from immediate proximity to Downtown Knoxville’s restaurants, retail, offices, entertainment, and residential offerings, as well as the Tennessee River, Market Square, and the University of Tennessee. With its highly desirable location and limited availability of developable land downtown, 308 S Gay Street presents a unique opportunity for future development in one of Knoxville’s most established and active urban districts. The seller is open to all offers and deal structures. 304 S Gay Street, the adjacent building which contains a commercial condo and short-term rental, can be purchased along with the lot.

Investment Highlights

• 0.217 Acre Lot
• One of Downtown Knoxville's Last Remaining Undeveloped Lots
• Zoned DK-G