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    OFF-MARKET
    Mixed-use properties

    721 State Hwy, Waynesboro, TN 38485

    2,000 SF Built 1958
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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