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    Downtown Columbia Retail Opportunity Title is generated by Realmo AI

    705 Dunnington St, Columbia, TN 38401

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    Claim this Listing
    For Sale
    $495,000

    Retail property near Columbia city square with potential business opportunities.

    Property size:
    1,548 SF
    Price / SF:
    $319/SF
    Added:
    May 22, 2025
    Days on Market:
    388
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 705 Dunnington St

    General Information

    Standard status
    Active
    Size
    1,548 SF

    Building Details

    Year Built
    1930

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    Listing Contact
    KEL WILLIAMS
    KEL WILLIAMS

    Listing agent KEL WILLIAMS

    Listing office EXIT REALTY ELITE

    Listing date May 22, 2025

    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 EXIT REALTY ELITE

    HighLights

    • Downtown location
    • Close proximity to Columbia city square
    • Endless opportunities for business use
    • Potential for flower shop or coffee shop
    • Located next to a beautiful historical home
    • Built in 1930

    Overview

    This retail property is located near the Columbia city square, adjacent to a historical home. The property offers opportunities for various business ventures, such as a flower shop or coffee shop. The building has a size of 1548 square feet and is located in downtown Columbia, Tennessee.

    Local Financial Insights For Specialty 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 $36.8k $23.76
    − Vacancy −$1.5k −$0.97
    EGI $35.3k $22.79
    − OpEx −$8.8k −$5.70
    NOI $26.5k $17.09
    1,548 SF · lease $23.76/SF/yr · vacancy 4.10% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $377.9K
    $330.7K – $440.9K (±1% cap)
    NOI $26,454 @ 7.0% cap · market cap 5.34%
    Second Best
    Retail
    $342.0K
    $299.3K – $399.1K (±1% cap)
    NOI $23,943 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $453.8K
    $397.1K – $529.4K (±1% cap)
    NOI $31,765 @ 7.0% cap · market cap 6.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Maury
    State
    Tennessee
    Longitude
    -87.0402
    Latitude
    35.6163

    FAQs

    What type of property is this?
    Storefront property - Retail property near Columbia city square with potential business opportunities.
    Where is this storefront property located?
    The property is located at 705 Dunnington St Columbia, TN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Downtown location; Close proximity to Columbia city square; Endless opportunities for business use
    More about this property
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