Downtown Knoxville Vacant Lot

For Sale

308 S Gay Street, Knoxville, TN 37902

This Knoxville property for sale is located at 308 S Gay Street. The current listed sale price for Downtown Knoxville Vacant Lot is $3,700,000. Downtown Knoxville Vacant Lot is situated on a lot that is 0.22 acre in size.

Contacts

Jeffrey Dealejandro

PWA Properties

Property Details

  • Property Type VacantLand
  • Lot Size 0.22 Acre
  • Date Updated Sep 23, 2026
308 S Gay Street is ideally located in the heart of Downtown Knoxville, surrounded by the city’s vibrant dining, retail, entertainment, and business districts. The property is also just minutes from the University of Tennessee, providing convenient access to campus, Neyland Stadium, and the Fort Sanders community.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.
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Highlights

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

Getting around

  • 91/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 73/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Knoxville, TN
  • Neighborhood Downtown Knoxville
  • Zip Code 37902
  • Market Knoxville

Points of Interest

  • Three Rivers Rambler

    1.54 miles

  • Blink

    0.36 miles

  • Quik Stop

    1.18 miles

  • Fuel City

    1.19 miles

  • Casey's

    1.23 miles

  • Shell

    1.30 miles

  • Kroger

    1.84 miles

  • Weigel's

    2.08 miles

  • Mapco

    2.36 miles

  • Casey's General Store

    2.65 miles

  • Tesla Supercharger

    5.23 miles

  • Caldonia Pass

    0.06 miles

  • Promenade Garage

    0.08 miles

  • Marble Alley Lofts Garage

    0.09 miles

  • Market Square Parking Garage

    0.15 miles

  • State Street Parking Garage

    0.18 miles

  • Jackson Avenue Lot

    0.19 miles

  • SP+

    0.19 miles

  • Summer Place Parking Garage

    0.21 miles

  • Pembroke Garage

    0.23 miles

  • Jackson Lot

    0.24 miles

  • The Sky-Lite Hotel

    0.04 miles

  • Crowne Plaza

    0.10 miles

  • Embassy Suites by Hilton Knoxville Downtown

    0.15 miles

  • Oliver Royal Hotel

    0.15 miles

  • Hyatt

    0.19 miles

  • Residence Inn

    0.31 miles

  • Hilton Knoxville

    0.31 miles

  • Marriott Knoxville

    0.35 miles

  • The Tennessean

    0.39 miles

  • Andrew Johnson Hotel

    0.44 miles

  • Mast General Store

    0.06 miles

  • The Market at Union & Gay

    0.13 miles

  • Food City

    1.39 miles

  • Publix

    1.64 miles

  • United Grocery Outlet

    2.32 miles

  • Kroger

    2.47 miles

  • Big Lots

    2.58 miles

  • Earth Fare Supermarket

    3.89 miles

  • 640 Plaza

    3.89 miles

  • Chapman Ford Crossing

    4.23 miles

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