240 Main StAshland City, TN 37015
- Retail properties
- 6,304 SF
Property Details for 240 Main St
- Year built
- 1947
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 6,304 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 055C F 01400
- APU
- 055CF01400
Description
This exceptional 6,000 square foot retail property, located at 240 S Main St in Ashland City, Tennessee, presents a unique investment opportunity. Built in 1947, the building sits on a 0.47-acre lot and is zoned C2, offering considerable flexibility for a variety of uses. Previously utilized as an automotive sales facility and more recently a brewery, the property boasts convenient roll-up doors and ample parking, making it ideal for a diverse range of businesses. The versatile space is well-suited for office, retail, warehouse, or dining establishments. Its prime downtown location within a growing community ensures high visibility and accessibility. The property is currently unleased and available for immediate occupancy. Furniture and equipment from the previous tenant are also available for purchase, providing a potential turnkey operation for the right buyer. The asking price is $850,000. Tax records are available upon request. This is an exclusive agency listing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,600,873
- 6.5%
- $1,477,729
- 7%
- $1,372,177
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,367,474
- Geo Method
- $1,367,474
-
Alternative Use
- Use
- Valuation
- Residential
- $1,246,519
- Hospitality
- $1,141,805
- Educational
- $949,968
- Medical
- $982,639
- Retail
- $1,477,729
Location Insight
- City
- Ashland City
- County
- Cheatham
- State
- Tennessee
- Latitude
- 36.2728
- Longitude
- -87.0632
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].