For Sale
$1,200,000

701 Red River StClarksville, TN 37040

9,500 SF Office, M-1 Zoning, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story office building, totaling 9,500 square feet, presents a unique investment opportunity. Located in Clarksville, Tennessee, at 701 Red River St, zip code 37040, this Class B property boasts a prime location near Austin Peay State University and Fort Campbell, offering convenient access to a robust workforce and established businesses. Built in 1996 and renovated in 2016, the building sits on a 0.67-acre lot and features 44 parking spaces. The property's M-1 (Light Industrial) zoning allows for diverse uses, including but not limited to a winery, warehouse, or even continued use as a religious institution, as it is currently configured. Its location within an Opportunity Zone adds significant investment appeal, particularly given the projected growth in the area, including the Vulcan OZ project and the anticipated addition of 3,000+ jobs by LG Chem. The asking price is $1,200,000, translating to $126.32 per square foot. This versatile property offers substantial potential for a variety of commercial ventures. The APN is 066D A 00603 000.

Highlights

  • M-1 zoning allows for winery, warehouse, and religious uses.
  • 9,500 SF building with 44 parking spaces on two stories.
  • Located in an Opportunity Zone, near the planned Vulcan OZ project.
  • Excellent location near Austin Peay State University, Fort Campbell, Trane, and other businesses.
  • Projected job growth of 3,000+ with the LG Chem development.

Property Details for 701 Red River St

Property type
Office properties, Office space
Square Feet
9,500 SF
Class
B
Year Built/Renovated
1996/2016
Buildings
1
Stories
2
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.537834800699
Longitude
-87.341398551168
701 Red River St, Clarksville, Tennessee

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701 Red River St
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