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    401 Public Sq Alexandria, TN 37012

    For Sale
    $375,000

    Established Florist Shop, High Growth Potential

    Property size:
    2,306 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property located at 401 E Public Sq, Alexandria, TN, presents a unique investment opportunity. The 2,306 square foot retail space has been a thriving florist shop for 37 years, boasting a loyal customer base and strong community presence. The building sits on a 0.09-acre lot, providing ample space for both retail operations and storage. The spacious layout is ideal for floral design, arrangement, and customer service. The property's established history and proven success make it a low-risk, high-reward venture for a prospective buyer. The turnkey nature of the business allows for immediate operation, minimizing start-up costs and maximizing return on investment. This is an excellent chance to acquire a well-regarded business with a long history of profitability in a desirable location. The property's prime location in the heart of Alexandria ensures high visibility and accessibility for customers. The strong community ties and established reputation provide a solid foundation for continued success and potential expansion. This is a rare opportunity to own a profitable, established business with significant growth potential. The asking price is $375,000.

    Property Features for 401 Public Sq

    General Information

    Property type
    Retail properties
    Square Feet
    2,306 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Auto Parts Store Department Store Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Dekalb County, TN
    State
    Tennessee
    Longitude
    -86.03293
    Latitude
    36.07772

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Established Florist Shop, High Growth Potential
    Where is this retail property located?
    The property is located at 401 Public Sq Alexandria, TN.
    What is the asking price?
    The asking price for this property is $375,000.
    (615) 215-7653
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    401 Public Sq Alexandria, TN 37012
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    Alexandria, TN 37012
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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
    401 Public Sq Alexandria, TN 37012
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