102 College S St Madisonville, TN 37354-1472
This exceptional commercial property, located at 102 College Street in the heart of Madisonville, Tennessee, presents a unique investment opportunity. Boasting 2,880 square feet of space on a 0.04-acre lot, this property offers remarkable versatility. The ground floor was most recently occupied by a jewelry store, showcasing a well-established retail layout. However, its adaptable design makes it suitable for a wide range of commercial uses, including but not limited to, office space. An added benefit is the inclusion of a separate loft space, accessible via a private entrance, providing additional rental income potential or expansion space for a single business. The property has recently undergone significant improvements, including the installation of a brand new roof, ensuring long-term cost savings and peace of mind for the new owner. Its prime downtown location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Madisonville community. The property's size and layout provide ample space for various configurations, allowing for customization to meet specific business needs. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Tennessee town. Don't miss out on this chance to own a piece of Madisonville's vibrant commercial landscape.
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
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.