101 Broadway StCollinwood, TN 38450

  • Retail properties
  • 4,197 SF
For Sale
$299,999 View listing

Property Details for 101 Broadway St

Year built
1956
Lot size
0.08 AC
Property size (Sq ft)
4,197 SF
Property type
Retail properties
Property subtype
Retail space
APN
091137M F 01200
APU
091137MF01200

Description

This 3,900 square foot commercial building presents a unique investment opportunity in Collinwood, Tennessee. Situated on a 0.16-acre lot at the highly visible intersection of Highway 13S and Broadway, this property benefits from exceptional visibility and accessibility. The building features two separate entrances and deeds, allowing for division into two distinct commercial spaces, each with its own heating and cooling system. One side utilizes ductless units, while the other employs gas and window units. A roll-up door is planned for installation at the rear of the building. Ample parking is available on both sides, catering to the needs of multiple businesses or a single large operation. The strategic location near the Natchez Trace Parkway ensures consistent exposure to the thousands of tourists who visit the area annually. This property is ideal for a variety of retail uses and offers significant potential for growth and profitability. The building is being sold as-is. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,304,895
    6.5%
    $1,204,519
    7%
    $1,118,482
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,722,796
    Geo Method
    $910,420
  • Alternative Use

    Use
    Valuation
    Residential
    $1,016,057
    Hospitality
    $930,702
    Educational
    $774,333
    Medical
    $800,964
    Retail
    $1,204,519
101 Broadway St, Collinwood, Tennessee

Location Insight

City
Collinwood
County
Wayne
State
Tennessee
Latitude
35.1745
Longitude
-87.739

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$11,440
$44,880
$56,320
-
$28,600
$112,200
$140,800

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].