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Magnolia Avenue Greyhound bus station bought for $1.45 million by Knoxville company

The company that bought the old station, Knoxville Southern Station LLC, was founded in 2019.

KNOXVILLE, Tenn. — The old Greyhound Bus Station located near Old City has sold for $1.45 million, according to records.

The new owners are listed as a limited-liability company named Knoxville Southern Station. The company started in June 2019, according to records, and it was filed with a Gay Street address. No other information about the company was immediately available.

The bus station is located near the site of a baseball stadium set to be built in downtown Knoxville, at 100 East Magnolia Avenue. It was posted on Avison Young, a real estate agency, when it was put up for sale in September 2020.

Avison Young previously said the location provided access to I-40 and the Hall of Fame corridor. They also said it is around 0.85 acres large, and the building is around 16,000 square feet large. A spokesperson with the real estate agency previously said the property was attractive to buyers because of proposed developments in the area.

Greyhound released the following statement about the sale.

Greyhound looks forward to continuing to serve the city of Knoxville and its visitors. Information regarding plans for a new location will be shared at a later date.

WBIR reporters reached out to the property developer listed on the sale records. We did not hear back by the time this story was published. Information about the company's plans for the property was not immediately available.

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