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Retail space
TN
Dayton
37321
1441 Market St

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FOR SALE

Retail space

1441 Market St Dayton, TN 37321

6,360 SF 0.1 ac lot Built 1924

Individually Owned 7-yr Hold ~ Est. High Equity

Property ID

US80-1163500

$1,488,000 6,360 SF

1441 Market St, Dayton, TN 37321
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This stunning three-level, 3,660 square foot office building, located at 1441 Market Street in Dayton, Tennessee's historic district, presents a unique investment opportunity. Originally constructed in 1924 as a bank, this iconic structure underwent a complete remodel in 2020, seamlessly blending its timeless architectural details with contemporary amenities. The property sits on a 0.1-acre lot adjacent to the historic courthouse square, offering exceptional visibility and accessibility. Currently housing two long-term tenants, the building boasts a strong rental history. The second floor, featuring approximately 762 square feet of rentable space, generates an estimated annual income of $14,000 to $15,000. Added in 1956, the third floor provides additional office suites, presenting opportunities for expansion or diversification of tenants. The building's prime location within the Historic District qualifies it for annual grants for exterior improvements, including windows, doors, awnings, and paint, further enhancing its value and curb appeal. With its versatile layout and rich history, this property is ideally suited for a variety of uses, including a boutique hotel, restaurant, or continued use as prime office space. The asking price is $1,488,000. The second floor's luxurious suite offers a breathtaking view of the courthouse square through an oversized arched window. This is a rare chance to acquire a piece of Dayton's heritage and capitalize on its significant income potential.