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Mixed-Use Property with Two Apartments
New
For Sale
$1,800,000

503 N Main St, Ashland City, TN 37015

Established retail operation with two occupied apartments providing additional rental income.

Property SizeContact for details
Days on Market2

Property Features for 503 N Main St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Road Access Yes

Building Details

Year Built 1968
Tenancy Multi
Listing Agency: Simplihom
Listed By: HOLT Preferred
Source: Nashvillespropertysearch
Added: Sep 9 Last Checked: Sep 10 at 6:51AM

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.

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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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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
More about this property
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