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    422 Main St Madisonville, TN 37354

    Sponsored
    For Sale
    $375,000

    Updated Office Building, 3201 sq ft, Owner Financing

    Property size:
    3,201 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3,201 square foot commercial building located at 422 Main Street in Madisonville, Tennessee, presents a fantastic opportunity for a variety of businesses. Previously occupied by a successful senior care operation, the property boasts a versatile layout ideal for multiple office spaces, a large therapy room (with removable ramp and raised floor), and ample storage. The building includes a well-equipped private kitchen and separate employee and public restrooms, ensuring convenience and functionality. A significant advantage is the generous parking provision, featuring a front lot and additional employee parking at the rear. Accessibility is a key feature, with the building designed to meet handicap accessibility standards. The 0.56-acre lot provides ample space and the building's adaptable design allows for customization to suit diverse business needs. The asking price is $375,000, and owner financing is available, making this an attractive investment opportunity. This property is ready for immediate occupancy and offers a blend of functionality, accessibility, and potential for future growth in a desirable location. The existing layout, while previously used for senior care, is easily adaptable to a variety of office uses, making it a truly versatile commercial space. The combination of ample parking, a convenient location, and the availability of owner financing makes this a compelling proposition for discerning buyers.

    Property Features for 422 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,201 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Senior Helpers Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.36084
    Latitude
    35.52074

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Office Building, 3201 sq ft, Owner Financing
    Where is this commercial real estate located?
    The property is located at 422 Main St Madisonville, TN.
    What is the asking price?
    The asking price for this property is $375,000.
    (865) 983-0011
    Request Owner's contact information
    422 Main St Madisonville, TN 37354
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    Madisonville, TN 37354
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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
    422 Main St Madisonville, TN 37354
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