49 University Ave Sewanee, TN 37375-2265
This exceptional mixed-use property presents a rare opportunity in Sewanee's vibrant Market District, situated on the prestigious University of the South's Domain. The building, steeped in history, has undergone a complete renovation and remodeling, showcasing regal details and comfortable charm throughout. The interior boasts abundant, intricate carpentry and woodwork, reflecting a commitment to preserving and enhancing its historical character. The property encompasses 2,009 square feet and sits on a 0.14-acre lot, providing ample space for a variety of commercial uses. A significant advantage is the availability of ample parking located directly behind the building, a valuable asset in a bustling area. This meticulously restored property offers a unique blend of historical significance and modern functionality, making it an ideal investment for discerning buyers seeking a distinctive commercial space in a highly desirable location. The asking price for this remarkable property is $1,390,000. This is a truly exceptional opportunity to own a piece of Sewanee's rich history while capitalizing on its vibrant present and promising future.
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Locals Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.