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721 State Hwy Waynesboro, TN 38485

OFF-MARKET Mixed-use properties Google Maps
2,000 SF Built 1958
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 2,000 square foot mixed-use commercial building, located at 721 State Hwy 99 in Waynesboro, Tennessee, presents a fantastic opportunity for a variety of retail businesses. Priced at $189,900, this property is ideally suited for a retail clothing store, coffee shop, bakery, or similar venture. The building's history includes operation as a small restaurant, and it features a dedicated area previously used for food preparation and serving, making it a turnkey solution for a breakfast and lunch cafe. All existing furnishings and appliances are included in the sale, significantly reducing start-up costs and allowing for immediate occupancy. The building sits on a lot with no acreage, offering convenient access and minimal land maintenance. This prime location on State Highway 99 ensures high visibility and accessibility for customers. The property's versatile layout and included equipment make it an attractive investment for entrepreneurs seeking a ready-to-operate commercial space in a thriving community. This is a rare opportunity to acquire a well-equipped, established commercial space at an attractive price point. Don't miss out on this chance to establish your business in a highly visible and convenient location.

Property profile

Verified
Property type Mixed-use properties
Year built 1958
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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