204 14Th Ave, Humboldt, TN 38343
This exceptional retail property, located at 204 S 14th Ave in Humboldt, Tennessee, presents a unique investment opportunity. The building, formerly home to Simmons Shoe Store, boasts 9,900 heated square feet spread across a single story. Its versatile layout includes ample storage and office space in the rear, offering significant potential for subdivision into multiple units to suit various business needs. The property benefits from a substantial parking area, providing approximately 19 spaces in front and at least 12 in the rear, ensuring convenient access for customers and employees. Recent improvements to the surrounding area include newly remodeled sidewalks and lighting, enhancing the property's visibility and appeal. Inside, the building features four restrooms and a security alarm system. The property is situated in the heart of historic downtown Humboldt, offering high visibility and foot traffic. This prime location, combined with the building's size and features, makes it an ideal investment for entrepreneurs seeking a prominent presence in a thriving community. The asking price is $319,900. The lot size is not specified. The property is zoned for retail use.
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.