Downtown Mixed-Use New
702 Woodland Street Columbia, TN 38401
702 Woodland Street, Columbia, TN, 38401
$6,200,000
For Sale
$6,200,000
New construction mixed-use property in prime downtown location.
Property Size21,980 SF
Price / SF$282.07
Days on Market261
Property Features for 702 Woodland Street
General Information
- Standard status
- Active
- Size
- 21,980 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2025
Listing Agency
Bradford Real Estate
(916) 719-5944
Listed by
Natalie Hurt · License #353330
(916) 719-5944
Source
Compass
Added: Nov 2, 2025 Updated: Jul 10 at 3:55 pm Checked: Jul 20 at 4:04 am
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 Bradford Real Estate
Investment Insights
Based on property information with market context.
Located one block from the center of Mule Town, this new construction property was completed in 2025. The two-story building offers a blank canvas suitable for performance-driven business use. It features a state-of-the-art sound system, large format video wall panels, and integrated cabinet lighting. Both levels are equipped with full commercial exhaust ventilation systems. Interior stair access connects both floors, and a roll-up garage door entrance off E 6th St. facilitates loading, deliveries, or secure equipment access. A 500+ unit multifamily development with dedicated parking is currently under construction next door. This upcoming development, which will feature residential units above retail street level, is expected to deliver built-in foot traffic and long-term tenant demand. The property is suited for entertainment, sports concepts, high-end lounges, boutique auto dealerships, or experiential retail.
Key Highlights
- Prime downtown location, just one block from the heart of Mule Town
- New construction completed in 2025
- Immediate growth upside thanks to the adjacent 500+ unit multifamily development
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 | $506.4k | $23.04 |
| − Vacancy | −$20.8k | −$0.94 |
| EGI | $485.7k | $22.10 |
| − OpEx | −$145.7k | −$6.63 |
| NOI | $340.0k | $15.47 |
21,980 SF · lease $23.04/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.86M
$4.25M – $5.67M
NOI $339,959 @ 7.0% cap · market cap 5.48%
Second Best
Mixed Use
$2.85M
$2.49M – $3.32M
NOI $199,304 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$6.44M
$5.64M – $7.52M
NOI $451,030 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Johnson’s Horsepowered Garage
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - New construction mixed-use property in prime downtown location.
Where is this mixed-use property located?
The property is located at 702 Woodland Street Columbia, TN.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Prime downtown location, just one block from the heart of Mule Town; New construction completed in 2025; Immediate growth upside thanks to the adjacent 500+ unit multifamily development
