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Prime Ridgely Commercial Location
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124 S Main St, Ridgely, TN 38080

Former bank building in the heart of Ridgely, Tennessee.

Property Size2,120 SF
Price / SF$68.40
Days on Market662

Property Features for 124 S Main St

General Information

Standard status Active
Size 2,120 SF
Total Parking Spaces 6
Property subtype Office

Building Details

Year Built 1969
Stories 1
Listing Agency: Tennessee Realty
Listed By: Nikki Rogers · License #333560
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 21 Last Checked: Aug 30 at 10:50PM

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 Tennessee Realty

Investment Insights

Based on property information with market context.

Located in the heart of Ridgely, Tennessee, this commercial property offers a great business location. The property, previously a bank, could be suitable for use as an office. The building has a size of 2120 square feet.

Key Highlights

  • Great business location in the heart of Ridgely
  • Previous bank location
  • Suitable for office use

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Building Supply Auto Parts Store Grocery & Convenience Store Bakery Auto Repair Shop Cafe & Coffee Shop

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

98
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
1,828 visits/mo 0.2 miles
Cadence Bank Shops & Services
1,168 visits/mo 0.2 miles

Demographics for 38080, TN

2,408
Population
1,126
Households
2.1
Avg Household Size
45
Median Age
11%
College-Educated
68%
High-School Grad
139.4 sq mi
ZIP Area
17
Density / Sq Mi
$33,750
Median Household Income
$30,034
Median Earnings
$613
Median Rent
$80,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank building in the heart of Ridgely, Tennessee.
Where is this bank located?
The property is located at 124 S Main St Ridgely, TN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Great business location in the heart of Ridgely; Previous bank location; Suitable for office use
(731) 676-7442 Call to check price and availability
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