For Sale
$585,000

121 Main AveFayetteville, TN 37334

Historic Mixed-Use Building, 10,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 121 Main Ave S in Fayetteville, Tennessee, presents a unique investment opportunity. The historic Magnolia Mall boasts 10,000 square feet of vacant space spread across three stories within a single building situated on a 0.25-acre lot. The building's character is undeniable, featuring attractive brick and timber construction, beautiful wood floors, high ceilings, and large windows that flood the interior with natural light. The building's charm is further enhanced by its exposed brick walls, creating a highly desirable ambiance. Its prime location on the Public Square ensures high visibility and accessibility. The property includes a functional industrial freight elevator, adding to its practicality and appeal for a variety of commercial uses. The asking price is $585,000, translating to $58.50 per square foot. Further enhancing its potential, an additional lot is available behind the main building, offering expansion possibilities or additional parking. The property is zoned for business use, providing flexibility for diverse commercial ventures. This is a rare chance to acquire a landmark building in a thriving Tennessee community.

Highlights

  • $585,000 asking price for this mixed-use property.
  • 10,000 square feet, offering retail and office space.
  • Vacant, ready for immediate occupancy.
  • Three-story building on a 0.25-acre lot in Fayetteville, TN.
  • $58.50 per square foot.
  • Located on the Public Square in Fayetteville, TN (37334).

Property Details for 121 Main Ave

Property type
Retail properties, Mixed-use properties
Square Feet
10,000 SF
Buildings
1
Stories
3
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Fayetteville
County
Lincoln
State
Tennessee
Latitude
35.1515364
Longitude
-86.570927
121 Main Ave, Fayetteville, Tennessee

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121 Main Ave
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