

Listed by Wallace Commercial
$700,000
2300 & 2306 East Magnolia Ave
Details
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 3,984
Price per SqFt $176
Buildings 1
Stories 1
Acreage 0.290
Investment Type Value Add
Retail | 3,984 SqFt
Marketing description
Exceptional opportunity to own a versatile commercial property in the heart of the rapidly transforming Magnolia Avenue Corridor — just minutes from Downtown Knoxville. Located in one of the area’s fastest-growing submarkets, this asset presents the ideal setup for an owner-occupier seeking to control their space while benefiting from immediate cash flow from the adjacent tenant. Offset occupancy costs from day one while building long-term equity in a high-demand, appreciating location.
The Magnolia Corridor has leveraged over $20 million in recent private investment, paired with significant public infrastructure and streetscape improvements. Strategic upgrades to sidewalks, lighting, bike lanes, and corridor connectivity have enhanced visibility, accessibility, and walkability — driving renewed commercial interest and sustained business growth throughout the area.
The property itself offers flexibility for a variety of business uses, strong street presence, and proximity to major thoroughfares, established neighborhoods, and ongoing mixed-use development. Positioned between key community anchors and minutes from downtown, the corridor continues to benefit from increasing residential density and expanding local investment.
Whether you’re expanding your business, consolidating operations, or making a strategic investment with built-in income and long-term upside, this is a rare chance to secure value in one of Knoxville’s most active redevelopment corridors. Owner-user opportunities with immediate cash flow in Magnolia are becoming increasingly difficult to find.
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Listed by Wallace Commercial
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