Building Details

Year Built 1928

Year Renovated 2023

Listing Agency: Skender-Newton Realty

Listed By: Heather Skender-Newton 9312619001 · License #272220 Show Phone

Source: Nashvillehouses

Added: Sep 7 Changed: Sep 11 Last Checked: Sep 11 at 10:52AM

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Investment Insights

Based on property information with market context.

This 2,550-square-foot storefront at 107 W Commercial Ave combines historic construction dating to 1928 with extensive recent improvements. The interior was remodeled in 2023 with updated electrical service, walls, paint, flooring, and lighting. A replacement HVAC system was added in 2024. The layout includes two bathrooms, two storage rooms, and a rear kitchenette, with water filtration and fiber internet already in place.

The property sits within Monterey’s Historic Downtown District on W Commercial Ave, with public parking positioned directly in front of the building. Its established downtown setting and renovated interior provide a functional base for a range of commercial operations.

Key Highlights

• 2,550‑square‑foot storefront in Monterey’s Historic Downtown District
• Remodeled in 2023 with new electrical panel, walls, flooring, paint, and lighting
• New HVAC system installed in 2024

Property Analytics

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Current Use

The French Market Home Decor Store

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

244

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 38574, TN

8,816

Population

3,827

Households

2.3

Avg Household Size

45

Median Age

12%

College-Educated

78%

High-School Grad

169.3 sq mi

ZIP Area

52

Density / Sq Mi

$52,043

Median Household Income

$34,167

Median Earnings

$800

Median Rent

$175,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 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 - Updated commercial space with public parking, two restrooms, storage areas, and a rear kitchenette.

Where is this storefront property located?

The property is located at 107 W Commercial Ave Monterey, TN.

What is the asking price?

The asking price for this property is $349,929.

What are key features of this property?

This property features: 2,550‑square‑foot storefront in Monterey’s Historic Downtown District; Remodeled in 2023 with new electrical panel, walls, flooring, paint, and lighting; New HVAC system installed in 2024