$80,000
Commercial opportunity positioned directly in the path of East Knoxville's revitalization and public infrastructure investment. Position your business or investment in the path of East Knoxville's continued growth. Located along the Holston Drive corridor, this commercial property offers a strategic opportunity near Asheville Highway, Magnolia Avenue, Burlington, Chilhowee Park and convenient interstate connections to Downtown Knoxville and the greater Knoxville market.
The surrounding area is benefiting from significant public and private investment. The City of Knoxville's Burlington improvements extend along Martin Luther King Jr. Avenue and Prosser Road toward Holston Drive and include new sidewalks, traffic signals, streetlights, improved parking, landscaping and relocated utilities. A new Burlington fire station and related corridor improvements represent a major investment in the immediate East Knoxville community.
Additional momentum is coming from continued Magnolia Avenue streetscape improvements, planned roadway and pedestrian-safety upgrades, new residential development and ongoing revitalization throughout the Magnolia Avenue and Burlington corridors. Covenant Health Park has further strengthened the connection between Downtown and East Knoxville by attracting professional sports, concerts, festivals and year-round community activity.
With proximity to Chilhowee Park, Zoo Knoxville, the Tennessee Valley Fairgrounds, Asheville Highway, Magnolia Avenue, I-40 and Downtown Knoxville, this location provides access to established neighborhoods, employment centers, regional attractions and major transportation routes. The property may be well suited for an owner-user, service business, professional office, retail concept, neighborhood commercial operation or long-term redevelopment opportunity, subject to zoning and governmental approvals.
This is an opportunity to secure a commercial property in an area experiencing visible infrastructure investment and renewed development interest. Buyers should independently verify zoning, permitted uses, utilities, property dimensions, development requirements and all information important to their intended use.
1349411
MLS
4048 Holston Drive, Knoxville