Downtown Columbia Retail
705 Dunnington St Columbia, TN 38401
For Sale
$495,000
Retail property near Columbia city square with potential business opportunities.
Property Size1,548 SF
Price / SF$319.77
Days on Market434
Property Features for 705 Dunnington St
General Information
Standard status
Active
Size
1,548 SF
Building Details
Year Built
1930
Listing Agency:
EXIT REALTY ELITE
(615) 373-3948
Listed By:
KEL WILLIAMS
Source:
Corcoran
Added: May 22, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Downtown location
- Close proximity to Columbia city square
- Endless opportunities for business use
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
NOI $26,454 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$342.0K
$299.3K – $399.1K
NOI $23,943 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$453.8K
$397.1K – $529.4K
NOI $31,765 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
