107 S Washington, Cookeville, TN 38501
- Added:
- Jul 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 3 at 3:06 pm
Property Features for 107 S Washington
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- CBD
- Parking features
- Offsite, On Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 002.00
- Size
- 3,408 SF
Taxes and HOA fees
- Tax Annual Amount
- 3411
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Building materials
- Block, Brick, Metal Siding
- Roof type
- Composition, Flat
Listing agent Wayne Russell License #333678 (931) 260-3743
Listing office Highlands Elite Real Estate LLC 1519 E Spring Street A, Cookeville, TN (931) 400-8820
Listing date Jul 1, 2026
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approx. 3,408 SF office/retail building with two levels plus a finished basement, fronting S. Washington Avenue
- First floor includes multiple private offices, men’s and women’s restrooms, kitchenette, and an open bullpen/flex area
- Finished basement adds open flex space and additional restrooms, with room for storage/support or adaptable workspace
- CBD zoning designation and downtown Cookeville location
- Central heating and central air; roof includes composition and flat roofing
- Accessible approach with ramp, plus offsite and on‑street parking; public water supply
Overview
The building fronts S. Washington Avenue and is located in the heart of downtown Cookeville. It is in Central Business District (CBD) zoning and benefits from walkability and proximity to local amenities, municipal services, and public parking.
Designed for owner-tenant flexibility, the space can accommodate professional services, boutique retail, or a mixed office and retail setup. A finished basement adds additional open flex space and restrooms, which may be used for storage, support functions, or adaptable workspace depending on an operator’s needs.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.5k | $23.04 |
| − Vacancy | −$2.4k | −$0.69 |
| EGI | $76.2k | $22.35 |
| − OpEx | −$22.8k | −$6.70 |
| NOI | $53.3k | $15.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.448036
- Latitude
- 36.1956666
