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    Property profile & analytics
    OFF-MARKET
    Retail space

    112 1st St, Union City, TN 38261-3802

    2,331 SF 0.06 ac lot Built 1920
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US80-0954439
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 112 S First St, Union City, TN 38261, presents a unique investment opportunity. Priced at $50,000, this 2,331 square foot retail building sits on a 0.06-acre lot. Its prime location in a high-traffic area ensures excellent visibility and accessibility for businesses. The property boasts both front and rear entrances, providing convenient access for customers and staff. The strategic positioning next to the Capital Theater guarantees a steady flow of potential customers. This versatile space is ideal for a variety of retail ventures, capitalizing on the bustling commercial activity in the immediate vicinity. The property's size and location make it an attractive option for entrepreneurs seeking a well-established commercial presence in Union City. The address is easily accessible and benefits from significant foot and vehicle traffic. This is a rare opportunity to acquire a well-situated commercial property in a thriving Tennessee town at an attractive price point. Serious inquiries are encouraged to explore this promising investment.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Total area 2,331 SF
    Lot 0.06 ac (2,520 SF)
    APN 066048L W 00200
    UPID US80-0954439
    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
    Current use
    Occupant on record · Public records
    • Bottoms Up Bar & Grill Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Joel Mendoza Martinez · 1 yrs held
    Joel Mendoza Martinez
    since 2024
    Last sale
    $85,000
    1 recorded transaction
    2024
    $85,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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