Downtown Retail Storefront with
229 10th St Clarksville, TN 37040
229 10th St, Clarksville, TN, 37040
$250,000
For Sale
$250,000
Retail storefront with an open sales area, multiple separate rooms, a half bath, and a rear parking lot.
Property Size1,316 SF
Price / SF$189.97
Days on Market223
Property Features for 229 10th St
General Information
- Standard status
- Active
- Size
- 1,316 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agency
Keller Williams Realty Mt. Juliet
(850) 586-1460
Listed by
Iryna Morris
(850) 586-1460
Source
Xome
Added: Dec 10, 2025 Updated: Jul 21 at 12:16PM Checked: Jul 21 at 12:16PM
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 Keller Williams Realty Mt. Juliet
Investment Insights
Based on property information with market context.
This downtown retail storefront features an open main retail area and multiple separate rooms that can support flexible layout needs. The interior has newer flooring and paint, and the space includes a half bathroom.
The property is positioned in a high-traffic downtown setting surrounded by local shops, dining, and established businesses. Customer and staff parking is accommodated by a large parking lot at the rear of the building.
The combination of an open sales floor, additional enclosed rooms, and on-site rear parking is well suited for retail users seeking a practical, ready-to-occupy storefront configuration.
The property is positioned in a high-traffic downtown setting surrounded by local shops, dining, and established businesses. Customer and staff parking is accommodated by a large parking lot at the rear of the building.
The combination of an open sales floor, additional enclosed rooms, and on-site rear parking is well suited for retail users seeking a practical, ready-to-occupy storefront configuration.
Key Highlights
- Retail storefront with an open main sales area and multiple separate rooms for flexible use
- Half bathroom included
- Fresh new flooring and paint in the interior
Local Financial Insights For 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 | $19.0k | $14.40 |
| − Vacancy | −$1.1k | −$0.81 |
| EGI | $17.9k | $13.59 |
| − OpEx | −$5.4k | −$4.08 |
| NOI | $12.5k | $9.52 |
1,316 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$178.9K
$156.5K – $208.7K
NOI $12,522 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.9K
$193.3K – $257.7K
NOI $15,464 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail storefront with an open sales area, multiple separate rooms, a half bath, and a rear parking lot.
Where is this retail space located?
The property is located at 229 10th St Clarksville, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Retail storefront with an open main sales area and multiple separate rooms for flexible use; Half bathroom included; Fresh new flooring and paint in the interior
