For Sale
$999,900

206 Cedar Ave South Pittsburg, TN 37380

Historic building, retail & residential potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property in downtown South Pittsburg, Tennessee, presents a unique investment opportunity. The 4,932 square foot building, constructed in 1918, sits on a 3,500 square foot lot and is offered at $999,900 ($202.74/sq ft). The two-story structure boasts a rich history, having previously housed a successful ladies' clothing store for decades. The main floor offers excellent space for retail, hospitality, or restaurant use, while the upper floors provide significant residential potential. One upstairs apartment is already in place, offering immediate rental income possibilities, while additional apartments could be developed in the connected building at 208 S Cedar Ave (included in the sale). The property retains many original features, including tin ceilings, hardwood floors, and ceramic tile, adding to its unique charm and character. A notable feature is the original back cabinet from the former Sartain Drugs soda fountain. The rear of 206 S Cedar Ave includes a garage and an open courtyard. The third floor offers a blank canvas with original hardwood floors and brick walls, ready for creative development. This property is ideally suited for an owner-operator seeking a blend of commercial and residential space, or an investor looking for strong rental income potential in a vibrant downtown location. The property's prime location and historical significance make it a truly remarkable investment opportunity.

Highlights

  • $999,900 asking price for a mixed-use property.
  • 4,932 square feet on a 3,500 square foot lot.
  • Two-story building constructed in 1918.
  • Located at 206 S Cedar Ave, South Pittsburg, TN 37380.
  • Features include original hardwood floors, tin ceilings, and ceramic tile.
  • Suitable for retail, hospitality, or restaurant use with upper-level residential space.

Property Details for 206 Cedar Ave

Property type
Retail properties, Office properties
Square Feet
4,932 SF
Year Built
1918
Buildings
1
Stories
2

Location Insight

City
South Pittsburg
County
Marion
State
Tennessee
Latitude
35.0134474
Longitude
-85.7045551

FAQs

What type of property is this?
Retail property - Historic building, retail & residential potential
Where is the retail property located?
The property is located at 206 Cedar Ave South Pittsburg, TN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: $999,900 asking price for a mixed-use property.; 4,932 square feet on a 3,500 square foot lot.; Two-story building constructed in 1918.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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206 Cedar Ave
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