1302 Main St Waverly, TN 37185-1819
This exceptional mixed-use property in Waverly, TN, presents a unique investment opportunity. The main structure, a 2,418 square foot commercial building situated on 0.58 acres with Highway 70 frontage, boasts a rich history as the former Bradley Motors. Inside, you'll find two offices, a half-bath, a vehicle spray paint booth, three-phase electrical service, oversized garage doors at each end, impressive 13.5-foot ceilings, and a substantial workshop area. This versatile space is ideal for a variety of businesses. Separately, on a contiguous parcel, sits an unfinished 1,512 square foot, three-bedroom, two-bathroom mobile home with a permanent foundation located at 109 Swift St. This mobile home features an open concept layout, a large master suite, completed subfloors, new drywall, a gas fireplace, a carport, and new ductwork. It's ready for a buyer to complete the interior to their specifications. The property offers the potential to combine business and residential living or to generate rental income from the mobile home. The property is being sold in its as-is condition. Note that the mobile home is located in a flood zone. This is a rare chance to acquire a substantial commercial building with significant highway visibility and a bonus residential component.
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Bradley Motors Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.