3779 Main StPikeville, TN 37367

This exceptional commercial property in Pikeville, TN, presents a lucrative investment opportunity. Located at 3779 Main Street, this 8,668 square foot property sits on a 1.22-acre lot and features two separate buildings. The first building, a single-story structure, has historically served as an auto repair shop, offering multiple garage bays and retail storefronts. This building's versatile layout allows for 3-5 tenants, maximizing rental income potential. Ample parking is available both in front and behind the building. The second building, a single-story red brick structure, is currently used as a furniture and antique shop, boasting multiple entry doors and high visibility due to its prime location at the intersection of two main roads. This strategic positioning ensures excellent exposure for tenants. The property also includes a billboard with an existing lease generating additional monthly cash flow. Built in 1960, this Class B property offers 50 parking spaces and is zoned for commercial use. Currently at 50% occupancy, with units potentially available within 30 days, this property presents a strong value-add opportunity for an owner/user or investor seeking lease income. The asking price is $530,000, with a price per square foot of $61.14. The property consists of two buildings, each with one story, totaling two units.