Building Details

Tenancy Multi

Listing Agency: Bill Collier Realty & Auction Co. s***@realtracs.com Show Phone

Listed By: Vicki Stribling · License #218597 Show Phone

Source: Exprealty

Added: Jul 9 Changed: Jul 31 Last Checked: Jul 31 at 11:19AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bill Collier Realty & Auction Co.

Investment Insights

Based on property information with market context.

This commercial property includes three units situated on one city lot. The property is zoned for commercial use only, and all three units are currently rented. Office and retail are identified as suitable use categories for the units.

Located at 106 East Main Street in Waverly, Tennessee, the property offers a multi-unit commercial configuration within the city. The three-unit layout provides a single ownership opportunity with existing rental occupancy across the property.

Key Highlights

• Three commercial units on one city lot
• All three units are currently rented
• Zoned for commercial use only

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Garden Center Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

290

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 37185, TN

9,082

Population

4,853

Households

1.9

Avg Household Size

43

Median Age

18%

College-Educated

90%

High-School Grad

224.5 sq mi

ZIP Area

40

Density / Sq Mi

$52,849

Median Household Income

$31,148

Median Earnings

$827

Median Rent

$182,100

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Three rented commercial units are identified for office or retail use.

Where is this storefront property located?

The property is located at 106 East Main Street Waverly, TN.

What is the asking price?

The asking price for this property is $270,000.

What are key features of this property?

This property features: Three commercial units on one city lot; All three units are currently rented; Zoned for commercial use only