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    2104 Ruth St Springfield, TN 37172

    For Sale
    $925,000

    Prime Springfield location, versatile space, high potential.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use commercial property, located at 2104 Ruth Street in Springfield, Tennessee, presents a unique investment opportunity. The 3,000 square foot building sits on a 0.59-acre lot and offers a diverse range of spaces ideal for a variety of businesses. Previously operated as a florist shop, the property boasts a spacious showroom area, perfect for showcasing products or services. Additional space includes a dedicated office area, a functional workroom, ample storage space, and a surprisingly comfortable upstairs apartment. The layout is flexible and adaptable, allowing for customization to suit the needs of a new owner. The building's location in Springfield offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The asking price of $925,000 reflects the property's significant potential and its prime location within the thriving Springfield community. This is a rare opportunity to acquire a versatile commercial property with a proven track record and significant upside. The combination of commercial space and residential accommodation makes this a truly unique and attractive investment. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 2104 Ruth St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,000 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1992
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Robertson County, TN
    State
    Tennessee
    Longitude
    -86.87749
    Latitude
    36.4899

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Springfield location, versatile space, high potential.
    Where is this mixed-use property located?
    The property is located at 2104 Ruth St Springfield, TN.
    What is the asking price?
    The asking price for this property is $925,000.
    (615) 746-5102
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    2104 Ruth St Springfield, TN 37172
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    Springfield, TN 37172
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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
    2104 Ruth St Springfield, TN 37172
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