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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

714 Tennessee Ave Etowah, TN 37331

6,131 SF 0.16 ac lot Built 1925
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 6,131 SF
Lot 0.16 ac (6,970 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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