121 Jefferson StWinchester, TN 37398

Property Details for 121 Jefferson St

Year built

1923

Lot size

0.10 AC

Property size (Sq ft)

4,600 SF

Property type

Retail space

APN

026065N T 00101

APU

026065NT00101

Description

This exceptional mixed-use property, located at 121 N Jefferson St in Winchester, TN, presents a remarkable investment opportunity. Boasting a prime location right off the town square, this 4,400 square foot building sits on a 0.1-acre lot and offers significant potential for multiple businesses. The property is divided into two distinct units, each offering unique possibilities. The left unit features a kitchenette and a full bathroom, ideal for a boutique, ice cream shop, coffee shop, or similar retail venture. Its size and amenities make it perfect for a smaller-scale operation with a focus on customer interaction. The right unit provides a spacious, wide-open area perfectly suited for a restaurant or other business requiring a larger footprint. This section includes ample room for a full kitchen and additional bathrooms, ensuring operational efficiency. The property's proximity to popular recreational destinations like Twin Creeks and Tims Ford Lake adds to its appeal, attracting both local residents and tourists. The asking price is $430,000. This is a rare chance to acquire a versatile commercial property in a thriving downtown area with high visibility and foot traffic. The flexible layout and desirable location make this an attractive investment for entrepreneurs seeking to establish a presence in the heart of Winchester. Don't miss this chance to own a piece of Winchester's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,430,192

  6.5%

  $1,320,178

  7%

  $1,225,879

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,888,221

  Geo Method

  $2,261,136

• Alternative Use

  Use

  Valuation

  Residential

  $1,113,619

  Hospitality

  $1,020,069

  Educational

  $848,686

  Medical

  $877,873

  Retail

  $1,320,178

Location Insight

City

Winchester

County

Franklin

State

Tennessee

Latitude

35.1869

Longitude

-86.1131

CBSA code

46100

CBSA name

TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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