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    713 Main St Shelbyville, TN 37160

    For Sale
    $535,000

    High-traffic location, former restaurant, 0.47 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property is ideally situated at 713 N Main St, Shelbyville, TN, offering unparalleled visibility and accessibility. The 0.47-acre lot boasts a prime location at the intersection of heavily trafficked North Main Street (Highway 231) and Madison Street (Highway 41A), ensuring high exposure to a large volume of daily traffic. Previously operating as a restaurant, this versatile property presents a unique opportunity for a variety of commercial ventures. The building's existing infrastructure provides a solid foundation for redevelopment or repurposing, catering to diverse business needs. Its strategic location within Shelbyville makes it an attractive investment for entrepreneurs seeking a high-visibility presence in a thriving community. The property's size and location offer significant potential for growth and return on investment. The asking price is $535,000. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the building's square footage and internal layout are available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.

    Property Features for 713 Main St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    20,473 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford County, TN
    State
    Tennessee
    Longitude
    -86.45939
    Latitude
    35.49003

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, former restaurant, 0.47 acres.
    Where is this mixed-use property located?
    The property is located at 713 Main St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $535,000.
    (931) 684-9112
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    Realmo Value Estimation

    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.

    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.

    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
    713 Main St Shelbyville, TN 37160
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