121 Main AveFayetteville, TN 37334

Property Details for 121 Main Ave

Year built

1900

Lot size

0.12 AC

Property size (Sq ft)

10,900 SF

Property type

Retail properties

Property subtype

Retail space

APN

079E R 01400

APU

079ER01400

Description

This exceptional mixed-use property at 121 Main Avenue S in Fayetteville, TN, presents a unique investment opportunity. The building boasts approximately 10,900 square feet of space, housed within a historic brick and timber structure. Character details abound, including beautiful wood floors, soaring high ceilings, and expansive windows that flood the interior with natural light. The exposed brick walls contribute to a highly desirable and distinctive ambiance, perfect for a variety of commercial uses. A functional industrial freight elevator adds to the building's practicality and efficiency. The property's location on Main Avenue S offers excellent visibility and accessibility. Beyond the main building, an additional lot is available behind the structure, presenting potential for expansion or additional parking. This is a rare chance to acquire a substantial, character-filled commercial space in a thriving Tennessee town. The building's size, features, and prime location make it an ideal investment for discerning buyers seeking a unique and profitable venture. The combination of historical charm and modern functionality makes this property a truly exceptional offering. Serious inquiries are encouraged to explore the possibilities this property presents.

• CAP approach

  CAP return

  Valuation

  6%

  $3,388,934

  6.5%

  $3,128,247

  7%

  $2,904,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,474,262

  Geo Method

  $5,357,908

• Alternative Use

  Use

  Valuation

  Residential

  $2,638,794

  Hospitality

  $2,417,121

  Educational

  $2,011,016

  Medical

  $2,080,178

  Retail

  $3,128,247

Location Insight

City

Fayetteville

County

Lincoln

State

Tennessee

Latitude

35.1516

Longitude

-86.571

Property Tax & Assessments

FAQs

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