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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

308 Main St Ashland City, TN 37015

0.35 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.35 ac (15,246 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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