1450 Old Belfast Rd Lewisburg, TN 37091-3571
This exceptional 615-square-foot mixed-use property, situated on a 0.1-acre lot at 1450 Old Belfast Rd in Lewisburg, TN, presents a compelling investment opportunity. The building has undergone a complete renovation, boasting a new parking lot, roof, insulation, flooring, windows, electrical system, plumbing (both interior and extending to the road), sheetrock, Hardy Board siding, gas line, HVAC system, and fixtures. Previously approved for restaurant use by the city, this versatile space is ideally suited for a variety of food service concepts, including coffee shops, fast-food drive-thrus, or full-service restaurants. Its strategic location within an industrial park ensures high visibility and accessibility. The property's recent comprehensive upgrades minimize immediate capital expenditures, allowing for a swift return on investment. The asking price is $115,000. Note that the furniture in the front room is not included in the sale. This turnkey property offers significant potential for immediate income generation and long-term growth. The industrial zoning provides flexibility for future expansion or adaptation to evolving market demands. Don't miss this chance to acquire a meticulously renovated commercial property in a prime Lewisburg location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.