Downtown Retail Building with Two
109 E 6th St Columbia, TN 38401
109 E 6th St, Columbia, TN, 38401
$1,500,000
For Sale
$1,500,000
Retail building offered for sale with two on-site units, including boutique and restaurant configuration.
Property Size6,400 SF
Price / SF$234.38
Days on Market79
Property Features for 109 E 6th St
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agency
MAURY COUNTY REALTY
(931) 388-3112
Listed by
JOHN R. HILL
Source
Corcoran
Added: May 5 Updated: Jul 22 at 8:56AM Checked: Jul 22 at 8:56AM
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 MAURY COUNTY REALTY
Investment Insights
Based on property information with market context.
This downtown retail property is currently divided into two units, offering a mix of boutique and restaurant space under one roof. The configuration supports flexible use for an owner-operator or separate tenancies, depending on the intended operating model.
The property is located in downtown Columbia and sits next to the 293-unit luxury apartment development The Drake, which can help support consistent foot traffic for retail activity.
Offered for sale as a single commercial asset, the building totals 6,400 square feet across the two units.
The property is located in downtown Columbia and sits next to the 293-unit luxury apartment development The Drake, which can help support consistent foot traffic for retail activity.
Offered for sale as a single commercial asset, the building totals 6,400 square feet across the two units.
Key Highlights
- Built in 1950 retail building
- Currently divided into two on‑site units
- Two‑unit configuration includes boutique and restaurant use
Local Financial Insights For Specialty 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 | $152.1k | $23.76 |
| − Vacancy | −$6.2k | −$0.97 |
| EGI | $145.8k | $22.79 |
| − OpEx | −$36.5k | −$5.70 |
| NOI | $109.4k | $17.09 |
6,400 SF · lease $23.76/SF/yr · vacancy 4.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,372 @ 7.0% cap · market cap 7.29%
Second Best
Retail
$1.41M
$1.24M – $1.65M
NOI $98,987 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,328 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Rue 6 Bistro
Restaurant
The Linen Duck
Interior Design
Wolf & Scout Coffee ...
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail building offered for sale with two on-site units, including boutique and restaurant configuration.
Where is this storefront property located?
The property is located at 109 E 6th St Columbia, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Built in 1950 retail building; Currently divided into two on‑site units; Two‑unit configuration includes boutique and restaurant use
