718 Main StSpringfield, TN 37172

Property Details for 718 Main St

Year built

1937

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

7,144 SF

Property type

Sports & entertainment properties

Property subtype

Theaters & concert halls

APN

074080J C 03400

APU

074080JC03400

Description

This exceptional 7,048 square foot retail property, located at 718 S Main St in Springfield, TN, presents a unique investment opportunity. Situated on a 0.34-acre lot in the heart of downtown Springfield, this building boasts a rich history as the Capitol Theatre, a music venue that hosted Elvis Presley and other renowned artists in 1939. Subsequently used as a movie theatre, the property has undergone partial renovations, showcasing custom-tiled bathrooms and a completely renovated lobby. The grand theatre room remains a stunning feature, retaining its original character with soaring ceiling heights and a seating capacity of 248 on the main level and an additional 198 in the balcony/gallery. This adaptable space offers immense potential for various uses, including its return as an entertainment venue, a music hall, or conversion into modern office space. A unique second-floor lounge area adds to the property's charm and appeal, offering a distinctive atmosphere that would resonate with Springfield residents. The asking price for this historically significant property is $1,500,000. Its prime downtown location and substantial size make it an attractive proposition for investors seeking a high-impact commercial property with significant redevelopment potential. The existing renovations provide a solid foundation for a variety of future uses, ensuring a strong return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $1,412,616

  Hospitality

  $1,293,949

  Educational

  $1,076,550

  Medical

  $1,113,575

  Retail

  $1,674,634

Location Insight

City

Springfield

County

Robertson

State

Tennessee

Latitude

36.5074

Longitude

-86.8847

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].