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    705 Main St Oliver Springs, TN 37840

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    For Sale
    $587,000

    Versatile 3,054 SF building in downtown Oliver Springs.

    Property size:
    3,054 SF
    Lot size:
    0.45 Acres

    Property Features for 705 Main St

    General Information

    Size
    3,054 SF
    Lot size
    0.45 Acres

    Source: Keller Williams Agent Christy Elder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Oliver Springs All-Brick Building

    Located in downtown Oliver Springs, this 3,054 sq. ft. all-brick building is divided into two units, but can be converted back into one larger space. One unit contains 4 private offices, a reception/waiting area, 2 half bathrooms, and a kitchen area. The other unit features an expansive open floor plan with multiple 220-volt outlets, 2 half baths (one with toilet only, one with toilet and sink), plus a storage room with rear access. Each unit operates on separate utilities. The property includes a large, level lot with parking and room at the back for additional needs, storage, or expansion. It has 199 feet of road frontage and visibility. The property is suited for business, office, retail, or mixed-use. One side is currently occupied by a tenant. The vacant side is suited for retail, workshop, or studio use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Patel Solutions 365 Computer Hardware Manufacturer Regions Mortgage Mortgage Lender Anderson Discount Tobacco ... Tobacco Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oliver Springs
    County
    Roane
    State
    Tennessee
    Longitude
    -84.340516
    Latitude
    36.045898

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    FAQs

    What type of property is this?
    Retail space - Versatile 3,054 SF building in downtown Oliver Springs.
    Where is this retail space located?
    The property is located at 705 Main St Oliver Springs, TN.
    What is the asking price?
    The asking price for this property is $587,000.
    What are key features of this property?
    This property features: - Immediate income potential from existing tenant.; - Versatile layout: Easily convertible to one large space.; - Prime downtown location with 199 feet of road frontage and excellent visibility.
    (865) 297-2911
    Request Owner's contact information
    705 Main St Oliver Springs, TN 37840
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    Oliver Springs, TN 37840
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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
    705 Main St Oliver Springs, TN 37840
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