Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
except the Central Business District (C-C ) and for all uses and structures except those specifically exempted in § 14-2002. The requirements for landscape yards shall be in addition to any requirements of parking area l…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
C-C · Sparta, TNexcept the Central Business District (C-C ) and for all uses and structures except those specifically exempted in § 14-2002. The requirements for landscape yards shall be in addition to any requirements of parking area l…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
except the Central Business District (C-C ) and for all uses and structures except those specifically exempted in § 14-2002. The requirements for landscape yards shall be in addition to any requirements of parking area l…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-C in Sparta, TN.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning