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Highway 70 West Commercial Property
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1416 Highway 70 W, Waverly, TN 37185

Prime commercial property on Highway 70 West in Waverly, Tennessee.

Property Size20,000 SF
Price / SF$40.00
Days on Market765

Property Features for 1416 Highway 70 W

General Information

Standard status Active
Size 20,000 SF
Property subtype Special Purpose, Land
Listing Agency: CENTURY 21 Prestige
Listed By: Karen Crouch · License #TN
Source: Crexi
Added: Jun 27, 2024 Changed: Jul 6 Last Checked: Jul 31 at 1:40PM

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 CENTURY 21 Prestige

Investment Insights

Based on property information with market context.

This commercial property, located on Highway 70 West across from Waverly Central High School, features approximately 20,000 sq ft across three commercial buildings. Building One is currently vacant. Buildings Two and Three are occupied by Stephenson's Sales, a business that sells appliances, doors, windows, wood, and home remodel inventory, with an inventory value of $200,000 that is negotiable. The property's location on a busy highway provides high visibility and traffic, offering opportunities for investors or business owners.

Key Highlights

  • Prime location on busy Highway 70 West, across from Waverly Central High School, providing high visibility and traffic.
  • Approximately 20,000 sq ft of commercial space across three buildings.
  • Buildings Two & Three are currently home to Stephenson's Sales, an established business.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Storage Facility Kitchen & Bath Showroom Law Firm Hotel & Motel Department 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.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37185, TN

9,082
Population
4,853
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
224.5 sq mi
ZIP Area
40
Density / Sq Mi
$52,849
Median Household Income
$31,148
Median Earnings
$827
Median Rent
$182,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Prime commercial property on Highway 70 West in Waverly, Tennessee.
Where is this storefront property located?
The property is located at 1416 Highway 70 W Waverly, TN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location on busy Highway 70 West, across from Waverly Central High School, providing high visibility and traffic.; Approximately 20,000 sq ft of commercial space across three buildings.; Buildings Two & Three are currently home to Stephenson's Sales, an established business.
More about this property
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