108 Porter StWinchester, TN 37398

Property Details for 108 Porter St

Year built

1965

Lot size

2.40 AC

Property size (Sq ft)

13,481 SF

Property type

Retail properties

Property subtype

Retail space

APN

026065K G 00300

APU

026065KG00300

Description

Exceptional opportunity to acquire a high-volume grocery store and its accompanying property in Winchester, Tennessee. This 12,258 square foot retail space, built in 1965, sits on a 2.4-acre lot zoned for commercial use. The single-story building enjoys a prime location on N Porter St, benefiting from high visibility and convenient access. The business boasts a strong track record and significant sales volume. Recent upgrades include the replacement of most freezers and coolers, ensuring efficient operation. The ample parking lot presents potential for future development, such as an additional retail building. This offering presents a unique dual opportunity: the established grocery business can be purchased separately from the real estate, providing flexibility for potential buyers. The property's strong location and existing infrastructure make it an attractive investment for both seasoned entrepreneurs and newcomers to the grocery retail sector. Serious inquiries only. Please refrain from contacting employees regarding this sale. All information provided is deemed reliable but not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $4,191,397

  6.5%

  $3,868,982

  7%

  $3,592,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,533,718

  Geo Method

  $6,626,602

• Alternative Use

  Use

  Valuation

  Residential

  $3,263,631

  Hospitality

  $2,989,468

  Educational

  $2,487,202

  Medical

  $2,572,741

  Retail

  $3,868,982

Location Insight

City

Winchester

County

Franklin

State

Tennessee

Latitude

35.1884

Longitude

-86.1109

CBSA code

46100

CBSA name

TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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