1175 Ellington Pkwy Lewisburg, TN 37091-2230
This exceptional 8,400 square foot retail property presents a compelling investment opportunity in Lewisburg, Tennessee's burgeoning commercial district. Situated on a half-acre lot at 1175 N Ellington Pkwy, the property boasts two currently leased units, generating immediate income. A significant portion of the building, measuring 2,714 square feet, is currently vacant but offers considerable flexibility. This space could easily be subdivided into two additional units, increasing rental income and maximizing the property's potential. The existing infrastructure includes pre-installed and state-compliant underground fuel tanks, presenting a unique opportunity to add gas pumps to the property, further enhancing its value and revenue streams. This prime location in a rapidly developing area ensures strong potential for future growth and appreciation. The property's size, existing tenancy, and expansion possibilities make it an ideal investment for both seasoned and emerging commercial real estate investors seeking a high-return opportunity in a thriving market. The asking price of $950,000 reflects the property's significant potential and current income generation. This is a rare chance to acquire a versatile retail property with immediate income and substantial upside in a dynamic and promising location.
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Citgo Gas Station
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K AND S MARKET Grocery & Convenience Store
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M.C. Auto Detailing Car Wash
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K & S Market Smoke Shop (Bike/Boat/Book/etc) Store
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Designed Comfort Systems HVAC Service General Contractor
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
Similar Nearby for Lease
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.