3-23 Emory Place

For Sale

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Package Property

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Listed on Jul 8, 2025

6.50% CAP

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no dataUNITS

Mixed Use

Property Type

$No NOI data

Net Operating Income (NOI)

5 unit(s)

Total Units

6.50%

CAP RATE

5

Leasable Doors

$No price data

Price per unit

Mixed Use

Subtype

Revitalized Creative Hub | 3–23 Emory Place, Knoxville TN

Fully Leased Historic Portfolio + Development Potential

Welcome to 3–23 Emory Place, a rare chance to own a fully revitalized block in one of Knoxville’s most up and coming and walkable neighborhoods. This offering includes six historic buildings and two lots, all thoughtfully restored to create a thriving creative hub and serve as a natural extension of Knoxville’s Downtown footprint.

The entire street has undergone a full revitalization, transforming Emory Place into a vibrant corridor of culture, design, and community. The tenant mix reflects this vision, a curated group of creative, local businesses, all of whom have extended their leases, signaling strong retention and long-term value.

A major highlight of the property is the approximately 20,000 SF of garden level space that runs beneath the entire street. While technically the basement level from the front street, this space is fully accessible via the back alley from multiple access points and present a prime opportunity for future development or leasing.

Key Highlights:

  • 6 fully restored historic buildings + 2 potentially buildable lots
  • 2 Residential Lofts
  • 5 Commercial Tenants

Approximately 20,000 SF of additional garden level space with separate alley access

Fully leased with strong rental income from creative local tenants

Traffic supported by the “Knox Walls” project created by Lilienthal Gallery, Dogwood Arts and Visit Knoxville.

Steps from Downtown, Old City, and I-40 access

Whether you’re looking for a stable income-producing asset with development upside, or a long-term anchor in Knoxville’s evolving urban fabric, 3–23 Emory Place offers both character and opportunity.

Sq Ft presented is approximate based on records and includes the basement level. Buyer to verify Sq Footage.

Contact Orel Brodt at 8656210670 or orelbrodt@gmail.com for further information.

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