714 Tennessee Ave Etowah, TN 37331
This 6,131 square foot commercial building, situated on a 0.16-acre lot at 714 Tennessee Avenue in Etowah, Tennessee, presents a unique investment opportunity. Ideally located on the downtown US-411 strip, directly across from City Hall, this property boasts high visibility and accessibility. Its versatile layout offers multiple income streams. Previously utilized as a restaurant, retail space, and apartment, the building's adaptability is a key selling point. The structure is divided into separate units, each with its own meters and entrances, maximizing flexibility for various uses. The front unit features a fully equipped kitchen, three dressing rooms, and separate men's and women's restrooms, ideal for a restaurant or retail operation. The commercial kitchen includes commercial sinks and a storefront entrance. The rear unit, currently configured as an apartment, includes two full bathrooms, a laundry room, and a spacious recreational area. This area could easily be converted to additional retail space, office space, or another residential unit. The property's prime location and diverse layout make it an exceptional investment for entrepreneurs seeking a multi-faceted commercial venture in a thriving downtown area. The asking price is $299,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.