Building Details

Year Built 1968

Tenancy Multi

Listing Agency: Byers & Harvey Inc

Listed By: HOLT Preferred Show Phone

Source: Nashvillespropertysearch

Added: Sep 9 Changed: Oct 25 Last Checked: Oct 24 at 5:24PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines an established retail business with two apartments, both currently rented. The configuration brings retail activity and residential occupancy together in one 1968-built property.

The property is located at 503 N Main St in Ashland City, Tennessee, with exposure along N. Main Street and a central Ashland City setting. Its existing retail and apartment components support both owner-user and investment-oriented use, as reflected by the current business and residential tenancy.

Key Highlights

• Established retail business at 503 N Main St
• Two apartments, both currently rented
• Mixed‑use configuration combining retail and residential components

Property Analytics

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Open Analytics

Current Use

Ashland City Liquor ... (Bike/Boat/Book/etc) Store Tobacco Patch (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Florist Grocery & Convenience Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Turnkey business

Opportunity

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

414

Businesses Nearby

Explore this area Business Placement

Demographics for 37015, TN

18,761

Population

8,366

Households

2.2

Avg Household Size

42

Median Age

23%

College-Educated

89%

High-School Grad

155.7 sq mi

ZIP Area

120

Density / Sq Mi

$74,848

Median Household Income

$43,072

Median Earnings

$1,244

Median Rent

$259,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Established retail operation with two occupied apartments providing additional rental income.

Where is this mixed-use property located?

The property is located at 503 N Main St Ashland City, TN.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Established retail business at 503 N Main St; Two apartments, both currently rented; Mixed‑use configuration combining retail and residential components