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Property profile & analytics
OFF-MARKET
Retail space

10 Main St Sparta, TN 38583-2054

1,840 SF 0.07 ac lot Built 1911
Individually Owned 9-yr Hold Free & Clear
Property ID
US80-3475346
Property summary
AI-generated overview

This exceptional 1,840 square foot retail property, located at 10 Main St N in historic downtown Sparta, Tennessee, presents a unique investment opportunity. Built in 1911, this two-story building boasts a charming exterior recently updated with a new rubber roof, all new windows, and a striking new marble wall exterior. The property sits on a 0.02-acre lot and includes an adjacent, sizable additional lot, offering significant expansion possibilities. The interior is a blank canvas, ready for a complete renovation to suit your vision. The main floor offers convenient access from both the street and a rear entrance. A separate rear entrance to the second floor presents a compelling opportunity to create a second income stream, perhaps through a separate lease or the development of additional retail space or office space. The building's prime downtown location provides excellent visibility and accessibility, making it ideal for a variety of retail ventures. The combination of its historic charm, modern updates, and expansive potential makes this property a truly remarkable investment. The possibilities are limitless for this adaptable space. Don't miss this chance to own a piece of Sparta's vibrant history and shape its future. The asking price is $330,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1911
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,840 SF
Lot 0.07 ac (3,000 SF)
Zoning code C-C
APN 093059B J 00700
UPID US80-3475346
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tony Everett · 9 yrs held
Tony Everett
since 2016
6 recorded transactions
2016
$15,000
2010
Price N/A
2003
$45,000
2000
$45,000
1992
$15,000
1989
$10,000
Zoning & alternative use
C-C · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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