1085 Ellington Pkwy Lewisburg, TN 37091-2228
This exceptional 2,176 square foot, full-brick building presents a unique investment opportunity in Lewisburg, TN. Situated on a 0.2-acre lot (100x100 feet), this property boasts a prime location with high traffic flow and excellent visibility, making it ideal for a variety of uses. Currently configured as two separate office spaces, the building offers flexibility for both owner-occupancy and rental income. The left side, encompassing 992 square feet, is currently leased to a Hearing Aide Center. The right side, a former 1,184 square foot dental office, is vacant and ready for immediate occupancy or lease. Each side features two half-baths, a dedicated office area, a lobby/waiting area, walk-in closets, and two separate entrances. Individual electric meters and central heating/air conditioning units provide efficient utility management. The building is in good condition and easily shown, making it an attractive prospect for both investors seeking rental income and businesses looking for a well-maintained space. This property offers a compelling blend of immediate income potential and future growth opportunities. Priced at $399,900.
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The Hearing Aid Center Hearing Aid Store Hearing Aid Repair Service
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Ferguson James L DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.