103 Main St Whiteville, TN 38075-4915
This exceptional commercial property, located at 103 E MAIN St in the heart of Whiteville, Tennessee, presents a unique investment opportunity. The building boasts a substantial 4696 square feet of space, offering significant potential for redevelopment and customization. Situated in a highly visible downtown location, this property benefits from excellent street frontage and high pedestrian traffic. While the building requires extensive renovation and repairs, its prime location and generous square footage make it an attractive proposition for a variety of commercial uses. The property is being offered at an exceptionally competitive price of $30,000, reflecting the need for significant capital investment. This presents a chance to acquire a large commercial space in a desirable Tennessee town at a fraction of the cost of new construction. The existing structure provides a solid foundation for a future business venture, allowing for the creation of a space tailored to specific needs. Serious investors and developers are encouraged to explore the possibilities this property offers. The 0-acre lot provides ample space for potential expansion or outdoor amenities, depending on the intended use. This is a rare opportunity to acquire a significant commercial footprint in a growing Tennessee community. The building's current condition necessitates a complete assessment of repair needs prior to purchase. However, the potential return on investment is substantial given the property's location and size.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Whiteville, TNWhiteville. Always verify with local authorities before improvements.
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.