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    232 Commerce St Lewisburg, TN 37091

    For Sale
    $120,000

    High-potential mixed-use property near the square.

    Property size:
    8,434 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This 8,434 square foot mixed-use property is situated on a 0.1-acre lot in the heart of Lewisburg, Tennessee, just two blocks from the town square. Its prime location offers significant potential for a variety of uses, making it an attractive investment opportunity. The building's substantial size allows for diverse configurations, catering to both commercial and potentially residential needs. The versatility of this property presents a unique chance for a savvy investor to capitalize on the thriving Lewisburg market. The proximity to the town square ensures high visibility and accessibility, attracting a steady stream of potential customers or tenants. This presents a compelling opportunity for those seeking a strong return on investment in a desirable location. The property's existing structure provides a solid foundation for immediate use or extensive renovation, depending on the investor's vision. Given its location and size, this property is well-suited for a range of businesses or a mixed-use development. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price of $120,000 represents a significant value in the current market.

    Property Features for 232 Commerce St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,434 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1947
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall County, TN
    State
    Tennessee
    Longitude
    -86.7848
    Latitude
    35.44879

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    FAQs

    What type of property is this?
    Mixed-use property - High-potential mixed-use property near the square.
    Where is this mixed-use property located?
    The property is located at 232 Commerce St Lewisburg, TN.
    What is the asking price?
    The asking price for this property is $120,000.
    (615) 385-9010
    Request Owner's contact information
    232 Commerce St Lewisburg, TN 37091
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    Lewisburg, TN 37091
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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
    232 Commerce St Lewisburg, TN 37091
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