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    105 E Main Street Englewood, TN 37329

    View on Map
    For Sale
    $350,000

    COMMERCIAL - Englewood, TN

    Property size:
    3,040 SF
    Lot size:
    0.10 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 8 at 1:06 am

    Property Features for 105 E Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Multi Use
    Interior features
    Storage, Open Floorplan, High Ceilings
    Appliances
    Wine Cooler
    Standard status
    Active
    APN
    068h C 07000 000
    Size
    3,040 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2141

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1946
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Tracy Howell

    Listing agent Tracy Howell License #369650

    Listing office CENTURY 21 Legacy 1015 W Madison Ave, Athens, TN

    Listing date Jan 28, 2026

    MLS# 20260468

    Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Use Warehouse Opportunity

    This meticulously remodeled 3040 square foot warehouse in Englewood, TN, presents endless possibilities for various commercial ventures. The property is suitable for a restaurant, childcare facility, weddings, parties, dance studios, offices, or other mixed-use purposes. The space is heated and cooled, ensuring year-round comfort. Brand new windows provide ample natural light and energy efficiency. Polished concrete floors offer durability and easy maintenance. The property includes one bathroom, a kitchen counter, a sink, and a cooler, providing a foundation for a restaurant. A 10x10 garage door allows easy access for deliveries and equipment. The spacious warehouse design features high ceilings and an open layout to accommodate nearly any use. The property is zoned for multi-use. Also available for sale is a house next door.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Studio on MainStreet Hotel & Motel

    Suggested Use

    Restaurant Building Supply Hair Salon Auto Repair Shop Hotel & Motel Auto Parts Store Pharmacy Kitchen & Bath Showroom Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.48519
    Latitude
    35.42705

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled 3040 sq ft warehouse suitable for various commercial ventures.
    Where is this mixed-use property located?
    The property is located at 105 E Main Street Englewood, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Meticulously Remodeled Mixed‑Use Warehouse: Move‑in ready with a stylish and functional design suitable for various business ventures.; Spacious 3040 Sq Ft with Open Floorplan and High Ceilings: Offers a flexible layout to accommodate diverse uses.; Heated and Cooled with Brand New Windows: Ensures year‑round comfort and energy efficiency.
    (423) 252-4305
    We can help!
    Listing Contact
    Tracy Howell
    Real Estate License ID: 369650
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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