Updated Historic Retail
1414 Highland Ave Columbia, TN 38401
1414 Highland Ave, Columbia, TN, 38401
$315,000
For Sale
$315,000
Originally built in 1925, this beautifully updated 840 SF commercial building offers flexible space for retail or office uses.
Property Size840 SF
Price / SF$375
Days on Market77
Property Features for 1414 Highland Ave
General Information
- Standard status
- Active
- Size
- 840 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agency
SYNERGY REALTY NETWORK, LLC
(615) 371-2424
Listed by
DANIEL HALLUM
Source
Corcoran
Added: May 6 Updated: Jul 21 at 2:28PM Checked: Jul 21 at 2:28PM
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 SYNERGY REALTY NETWORK, LLC
Investment Insights
Based on property information with market context.
This updated commercial building was originally built in 1925 and totals 840 square feet. The property is described as having significant character and has been beautifully updated, with zoning that supports commercial use.
The building is located at 1414 Highland Ave in Columbia, and it is positioned just outside the Arts District with convenient access to the downtown square. The seller notes steady growth and activity around downtown.
With its commercial zoning and compact size, the space could work for a small retail shop, office, studio, or other investment use, depending on the buyer’s intended operation.
The building is located at 1414 Highland Ave in Columbia, and it is positioned just outside the Arts District with convenient access to the downtown square. The seller notes steady growth and activity around downtown.
With its commercial zoning and compact size, the space could work for a small retail shop, office, studio, or other investment use, depending on the buyer’s intended operation.
Key Highlights
- 840 SF commercial building originally built in 1925 at 1414 Highland Ave, Columbia
- Commercial zoning provides flexibility for small retail, office, or studio use
- Space is described as beautifully updated, offering ready‑to‑use commercial space
Local Financial Insights For Office B
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 | $22.2k | $26.40 |
| − Vacancy | −$3.4k | −$4.09 |
| EGI | $18.7k | $22.31 |
| − OpEx | −$4.7k | −$5.58 |
| NOI | $14.1k | $16.73 |
840 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.8K
$175.7K – $234.2K
NOI $14,054 @ 7.0% cap · market cap 4.46%
Second Best
Retail
$185.6K
$162.4K – $216.5K
NOI $12,992 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$246.2K
$215.5K – $287.3K
NOI $17,237 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tattletale Tattoo
Tattoo & Piercing Shop
Goon
Clothing & Fashion Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Originally built in 1925, this beautifully updated 840 SF commercial building offers flexible space for retail or office uses.
Where is this retail space located?
The property is located at 1414 Highland Ave Columbia, TN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 840 SF commercial building originally built in 1925 at 1414 Highland Ave, Columbia; Commercial zoning provides flexibility for small retail, office, or studio use; Space is described as beautifully updated, offering ready‑to‑use commercial space
