2112 E Magnolia Ave, Knoxville, TN 37917

$525,000
: 6
BD
: 4
BA
: 10,942
SqFt

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Sold Price: $525,000
List Price: $699,000
Closing Date: Nov 02, 2023
MLS#: 1226365
Status: CLOSED
Type: Single Family Residential
City: Knoxville
County: Knox
Bedrooms: 6
Bathrooms: 4
Living Area: 10,942
Lot Size: 42,253
Year Built: 1925
Subdivision: Blang Add Pt 4

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Property Description

Multi-Purpose use building, so MUCH opportunity in the heart of Knoxville. This incredibly historic brick building is framed with soaring Georgian columns encompassing the 2 story covered concrete porch. This piece of history on Magnolia Ave sits on 2 over sized lots touching 2 streets and totaling just at 1 acre. A large section of the land is hard top for parking and recreation. There is a fenced area and covered portico. Both of the 2 levels have drive-up loading access. As you enter the huge lobby area with soaring ceilings and tons of light you have access to the enormous sanctuary or hall and stairs leading to other sections of the building. The main level has the lobby, sanctuary, common living/ meeting or hall room, 2 other small rooms and 2 half bathrooms. On the upper level there is a 1- bedroom apartment (with current m/m tenant), with full kitchen, living room, bedroom and full bathroom; 4 other rooms and a huge 3rd sanctuary, living or meeting room. Beyond that is a back section with 3 huge rooms and now serving a commercial industrial tenant. There is another commercial space on the main back area now serving a commercial tenant. There are lovely wood floors throughout both levels. Some updating and remodel has been done over the last 10 years. Don't miss this opportunity for repurposing of one of Magnolia's finest buildings.