Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    49 University Ave Sewanee, TN 37375

    • Retail space
    • 2,037 SF
    • 0.14 lot acres
    For Sale
    View listing
    $1,390,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-2098465
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Locals / Art Gallery

    Property Details for 49 University Ave

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    2,037 SF
    Property type
    Retail space
    APN
    026069F A 03100L000
    APU
    026069FA03100L000

    Description

    This exceptional mixed-use property presents a rare opportunity in Sewanee's vibrant Market District, situated on the prestigious University of the South's Domain. The building, steeped in history, has undergone a complete renovation and remodeling, showcasing regal details and comfortable charm throughout. The interior boasts abundant, intricate carpentry and woodwork, reflecting a commitment to preserving and enhancing its historical character. The property encompasses 2,009 square feet and sits on a 0.14-acre lot, providing ample space for a variety of commercial uses. A significant advantage is the availability of ample parking located directly behind the building, a valuable asset in a bustling area. This meticulously restored property offers a unique blend of historical significance and modern functionality, making it an ideal investment for discerning buyers seeking a distinctive commercial space in a highly desirable location. The asking price for this remarkable property is $1,390,000. This is a truly exceptional opportunity to own a piece of Sewanee's rich history while capitalizing on its vibrant present and promising future.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sewanee
    County
    Franklin
    State
    Tennessee
    Longitude
    -85.918
    Latitude
    35.1955
    CBSA code
    46100
    CBSA name
    TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,903
    $13,520
    $100,520
    $114,040
    -
    $33,800
    $251,300
    $285,100

    Comparable in this City

    • Value Estimation by Request
      920 SF

      237 Lk Odonnell Rd

      RETAIL STORES (PERSONAL SERVICES) • 920 SF
      237 Lk Odonnell Rd, Sewanee, TN 37375-2154
      View Details
    • Value Estimation
      $420,000
      1,144 SF

      15878 Sewanee Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,144 SF
      15878 Sewanee Hwy, Sewanee, TN 37375-2791
      View Details
    • Value Estimation by Request
      5,306 SF

      36 Ball Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,306 SF
      36 Ball Park Rd, Sewanee, TN 37375-2113
      View Details
    • Value Estimation by Request
      1,500 SF

      44 Natural Brg Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      44 Natural Brg Rd, Sewanee, TN 37375-2644
      View Details
    • Value Estimation by Request
      4,697 SF

      969 Midway Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,697 SF
      969 Midway Rd, Sewanee, TN 37375-2796
      View Details
    • Value Estimation by Request
      945 SF

      997 Saint Marys Ln

      RETAIL STORES (PERSONAL SERVICES) • 945 SF
      997 Saint Marys Ln, Sewanee, TN 37375-2614
      View Details

    Similar Nearby for Sale

    • $130,000
      4.51 Acres

      Sewanee Land with Mountain Views

      4.5-acre homesite with hardwoods, privacy, and mountain views.
      Jackson Point Rd, Sewanee, TN 37375
      View Details
    • $1,390,000
      2,009 SF

      Sewanee Mixed-Use Commercial Gem

      Historic Sewanee building, renovated, ample parking.
      49 University Ave, Sewanee, TN 37375
      View Details
    • New
      $89,000
      5.56 Acres

      Land with Bluff Views

      5+ acres of rural living with bluff views.
      Jackson Point Rd, Sewanee, TN 37375
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49 University Ave
    Sewanee, TN 37375
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.