308 Main St Ashland City, TN 37015
This exceptional commercial property, located at 308 N Main St, Ashland City, TN 37015, presents a unique investment opportunity. The 0.35-acre lot boasts three buildings, offering versatile usage potential. The main structure, recently renovated in 2021, features new hardwood floors throughout and 12-foot high ceilings. It includes one ADA-compliant entrance and restroom. While currently used for event rentals, its previous use as a travel agency and C2 zoning with a downtown overlay allows for a wide range of commercial ventures, including medical offices and restaurants. An additional 28x28 heated and cooled building provides extra space. The property lacks a kitchen, but existing plumbing suggests the possibility of installing one. The seller is offering the property "as is," and potential buyers should verify all aspects deemed important for purchase. While there is no on-site kitchen, there is parking available on the Washington Street side, with potential for expansion. The property may be purchased with the adjacent 306 N Main St for additional parking
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
Similar Nearby for Sale
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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.