102 Public SqAlexandria, TN 37012

Property Details for 102 Public Sq

Year built

1900

Lot size

0.05 AC

Property size (Sq ft)

2,400 SF

Zone code

C-1

Property type

Retail space

APN

021022G A 01400

APU

021022GA01400

Description

This exceptional commercial property offering presents a rare opportunity to acquire two interconnected retail buildings situated directly on Alexandria, Tennessee's Public Square. The combined footprint totals 5,620 square feet, encompassing 2,400 square feet at 102 N Public Sq and 3,220 square feet at 104 N Public Sq (MLS #2707753). Both buildings are fully built-out and equipped with all necessary utilities, providing immediate occupancy for a wide range of retail or office uses. The convenient location offers ample parking both in front and behind the buildings, ensuring easy access for customers and employees. Situated in DeKalb County, this property benefits from excellent accessibility to major transportation routes, including Highway 70 and Highway 53. The combined property sits on a 0.15-acre lot, providing a substantial presence in the heart of Alexandria's commercial district. This turnkey opportunity is priced at $300,000 and represents a significant investment potential in a thriving community. The existing build-out allows for immediate operation, minimizing upfront capital expenditures and maximizing return on investment. Don't miss this chance to own a prime commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $609,469

  6.5%

  $562,587

  7%

  $522,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $520,612

  Geo Method

  $520,612

• Alternative Use

  Use

  Valuation

  Residential

  $474,563

  Hospitality

  $434,697

  Educational

  $361,663

  Medical

  $374,101

  Retail

  $562,587

Location Insight

City

Alexandria

County

Dekalb

State

Tennessee

Latitude

36.078

Longitude

-86.0334

Property Tax & Assessments

FAQs

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