Riverfront Retail Plaza
211 N Riverside Dr Clarksville, TN 37040
211 N Riverside Dr, Clarksville, TN, 37040
$650,000
For Sale
$650,000
Two adjoining retail buildings offer leased ground-floor space plus a vacant second floor with a separate exterior entrance.
Property Size9,600 SF
Lot Size0.55 Acres
Price / SF$67.71
Days on Market186
Property Features for 211 N Riverside Dr
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Lot size
- 0.55 Acres
Listing agency
simpliHOM
(615) 525-6073
Listed by
Maha Hindiyeh
(615) 525-6073
Source
Exprealty
Added: Jan 16 Updated: Jul 21 at 9:21AM Checked: Jul 21 at 9:21AM
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 simpliHOM
Investment Insights
Based on property information with market context.
Riverfront Plaza is a portfolio offering featuring two adjoining retail properties at 207 and 211 N Riverside Dr, sold together and not separately. The buildings total nearly 9,600 square feet on approximately 0.55 acres. 207 N Riverside Dr has two fully leased commercial spaces totaling approximately 4,800 square feet. 211 N Riverside Dr offers approximately 4,800 square feet with a leased ground floor and a vacant second floor that includes a separate exterior entrance.
The portfolio is described as a highly visible riverfront investment, located minutes from Downtown Clarksville and Austin Peay State University.
According to the provided information, current annual NOI is approximately $132,000–$144,000, with vacancy and lease-related opportunities tied to lease-up of the second floor, market rent increases, NNN lease conversions, and a city-approved ±4,000 square-foot expansion. Projected annual NOI is stated to exceed $240,000.
The portfolio is described as a highly visible riverfront investment, located minutes from Downtown Clarksville and Austin Peay State University.
According to the provided information, current annual NOI is approximately $132,000–$144,000, with vacancy and lease-related opportunities tied to lease-up of the second floor, market rent increases, NNN lease conversions, and a city-approved ±4,000 square-foot expansion. Projected annual NOI is stated to exceed $240,000.
Key Highlights
- Riverfront Plaza is a portfolio sale of two adjoining commercial properties at 207 & 211 N Riverside Dr (not sold separately).
- Total lot area is approximately 0.55 acres with nearly 9,600 SF of building space.
- 207 N Riverside Dr: two fully leased commercial spaces totaling approx. 4,800 SF.
Property Analytics
Location Intelligence
Current Use by Public Records
King Smoke Shop
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two adjoining retail buildings offer leased ground-floor space plus a vacant second floor with a separate exterior entrance.
Where is this retail space located?
The property is located at 211 N Riverside Dr Clarksville, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Riverfront Plaza is a portfolio sale of two adjoining commercial properties at 207 & 211 N Riverside Dr (not sold separately).; Total lot area is approximately 0.55 acres with nearly 9,600 SF of building space.; 207 N Riverside Dr: two fully leased commercial spaces totaling approx. 4,800 SF.
