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    OFF-MARKET
    Retail space

    114 Church St, Waverly, TN 37185-1640

    14,614 SF 0.24 ac lot Built 1910
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US80-3380888
    Property summary
    AI-generated overview

    This exceptional restaurant space, located at 114 N Church St, Unit A in historic downtown Waverly, Tennessee, offers 2,900 square feet of recently built-out space within a 14,400 square foot multi-tenant building. The unit boasts a large, well-equipped kitchen, ample storage in the form of office/store rooms, and two convenient bathrooms. A permitted seating area is already in place, ready for immediate use. The property's prime location offers excellent visibility and accessibility, with plentiful parking directly in front of the building and within easy walking distance of all the businesses in the court square. This vibrant downtown location ensures high foot traffic and a strong customer base. The lease terms are flexible, allowing for adaptability to your business needs. Utilities are paid separately from the base rent. The property sits on a 0.23-acre lot. This is a fantastic opportunity for a restaurant or cafe seeking a thriving location in a charming Tennessee town. The space is immediately available.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1910
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 14,614 SF
    Lot 0.24 ac (10,416 SF)
    APN 043064H G 00200
    UPID US80-3380888
    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
    • Hal's Jewelry (Bike/Boat/Book/etc) Store
    • Sunrise Community Inc Social Service Agency Charitable Organization
    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
    Mhv Properties LLC · 5 yrs held
    Mhv Properties LLC
    since 2020
    Last sale
    $200,000
    7 recorded transactions
    2020
    $200,000
    2018
    $139,000
    2016
    2014
    2012
    $112,500
    2010
    $90,100
    2005
    $110,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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