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Smyrna Commercial Building For Sale

294 S Lowry St, Smyrna, TN 37167

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For Sale

$700,000

Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Property size:

2,379 SF

Lot size:

0.22 Acres

Price / SF:

$294/SF

HighLights

High visibility location on a busy corridor with approximately 25,000 vehicles per day.
2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.
Easily divisible into two separate suites with individually metered utilities.
Flexibility for owner‑users or investors seeking multi‑tenant potential.
Convenient access to Smyrna and Nashville, Tennessee markets.
Located in the heart of Smyrna, Tennessee with established surrounding businesses.

We can help!

Contact an agent

REED RUST

For Sale

$700,000

Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Property size:

2,379 SF

Lot size:

0.22 Acres

Price / SF:

$294/SF

Added:: Mar 24, 2026
Days on Market:: 95
Last Refresh:: Mar 24 at 8:14 pm

Property Features for 294 S Lowry St

General Information

Standard status: Active
Size: 2,379 SF
Lot size: 0.22 Acres

Building Details

Year Built: 1975

We can help!

Contact an agent

REED RUST

Listing office STEVENS GROUP

Listing date Mar 24, 2026

Source Corcoran

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 STEVENS GROUP

HighLights

High visibility location on a busy corridor with approximately 25,000 vehicles per day.
2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.
Easily divisible into two separate suites with individually metered utilities.
Flexibility for owner‑users or investors seeking multi‑tenant potential.
Convenient access to Smyrna and Nashville, Tennessee markets.
Located in the heart of Smyrna, Tennessee with established surrounding businesses.

Overview

Located in Smyrna, Tennessee, the property at 294 S Lowry St is a 2,379 SF commercial building situated along a busy corridor. The location benefits from approximately 25,000 vehicles per day passing the property, providing exposure for retail, office, or service-oriented businesses. The building is currently configured as a single tenant space, but the layout allows for division into two separate suites, each with individually metered utilities. This offers flexibility for owner-users or investors seeking multi-tenant potential. The property benefits from strong traffic counts, established surrounding businesses, and convenient access to the greater Smyrna and Nashville, Tennessee markets.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$80.8k	$33.96
− Vacancy	−$3.2k	−$1.36
EGI	$77.6k	$32.60
− OpEx	−$23.3k	−$9.78
NOI	$54.3k	$22.82

2,379 SF · lease $33.96/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$775.6K

$678.6K – $904.9K (±1% cap)

NOI $54,291 @ 7.0% cap · market cap 7.76%

Second Best

Office B

$568.6K

$497.5K – $663.4K (±1% cap)

NOI $39,803 @ 7.0% cap · market cap 5.69%

Theoretical Best

Specialty Retail

$822.2K

$719.4K – $959.2K (±1% cap)

NOI $57,553 @ 7.0% cap · market cap 8.22%

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

Property Profile Location Intelligence

Current Use by Public Records

IGLESIA CRISTIANA EL ... Church

Suggested Use

Location Insight

Map
Local Demand

City: Smyrna
County: Rutherford
State: Tennessee
Longitude: -86.5123075
Latitude: 35.9744927

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For sale
Retail space
TN
Smyrna
37167
294 S Lowry St

What type of property is this?

Retail space - Highly visible commercial building in Smyrna, Tennessee with flexible layout.

Where is this retail space located?

The property is located at 294 S Lowry St Smyrna, TN.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: High visibility location on a busy corridor with approximately 25,000 vehicles per day.; 2,379 SF commercial building suitable for retail, office, or service‑oriented businesses.; Easily divisible into two separate suites with individually metered utilities.