8541 Asheville Hwy

About this property

ONLINE ONLY REAL ESTATE AUCTION | Prime Commercial Property -- 1.52+/- Acres -- Asheville Highway/11E Intersection -- Approximately 6 Miles to I-40 | BIDDING BEGINS TO CLOSE: Wednesday, October 21st at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, October 19th at 12:00PM - Noon (ET) This exceptional commercial property presents a outstanding opportunity for business owners, investors, and developers seeking a highly visible and accessible location at the prominent Asheville Highway/11E intersection in a convenient location approximately 6 miles from I-40. Featuring 1.52+/- acres with approximately 578 feet of road frontage, a well-appointed main building, a large two-bay garage, an accessory storage building, and a large paved parking area, this property is ready to accommodate a wide range of commercial uses under its CA -- General Business Zone designation. The main building features three exterior doors and is thoughtfully configured into three rooms, offering excellent flexibility for a variety of business operations with two connected rooms featuring a half bathroom, a three-basin stainless sink, and a stainless hand sink -- ideal for food service, salon, medical, or a variety of other commercial uses. Pass-through window connecting to the third room. Third room with utility closet and direct access to the large two-bay garage space with two 9'9″ x 10′ rollup doors -- perfect for automotive, equipment, or service-oriented businesses. Additional half bathroom with separate exterior entrance: Accessory storage building with a large attached shelter -- providing outstanding additional storage or operational space. Large paved parking area -- accommodating customers, employees, and commercial vehicles with ease. Large cleared lot area with an older single-wide in the process of being set up -- offering additional on-site living or office potential. Approximately 578 feet of road frontage -- providing exceptional visibility and accessibility. Situated at the highly trafficked Asheville Highway/11E intersection, this property offers outstanding visibility and road frontage on a major commercial corridor with 2025 Annual Average Daily Traffic Counts of 21,054 (Nearest Traffic Count Location 47000058). Approximately 6 miles to I-40. Convenient access to the surrounding communities and customer base. Commercial properties with this combination of road frontage, acreage, garage space, storage buildings, and a prime intersection location are increasingly difficult to find. Whether you're establishing a new business, expanding an existing operation, or securing a versatile investment property in a high-visibility corridor, this 1.52+/- acre CA-zoned property delivers the location, infrastructure, and flexibility to make virtually any commercial vision a reality. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

MLS #1356515 · East Tennessee REALTORS® MLS

Property facts

Status

Active

Property type

Commercial Sale

Bedrooms

—

Bathrooms

0

Living area

2,457 sq ft

Lot size

1.52 acres

Year built

—

County

Knox County - 1

Price / sq ft

—

Days on market

21

MLS number

1356515

Listing office

Powell Auction & Realty,LLC