1470 S Jefferson Ave Cookeville, TN 38501

11,292 SF 1.5 ac lot Built 1950

Individually Owned Absentee Owner ~ Est. High Equity

Property ID

US80-1251360

$1,700,000 11,292 SF

1470 S Jefferson Ave, Cookeville, TN 38501
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This exceptional commercial property presents a remarkable investment opportunity in the thriving city of Cookeville, Tennessee. Located on a major artery, S Jefferson Ave, this 8,946 square foot property sits on a 1.5-acre lot (two parcels: 1.68 acres at 1470 and 1.11 acres at 1490) and enjoys a highly visible position just over half a mile from Interstate 40 and 1.5 miles from Highway 111. The property's General Commercial zoning allows for a wide range of business uses, including storage units, rental properties, medical or dental offices, restaurants, and boat dealerships, to name a few. S Jefferson Avenue is currently undergoing widening to become a five-lane road, further enhancing its already impressive daily traffic count of approximately 20,000 vehicles. The property features a mule hide roof and is serviced by electricity, water, and gas. A comprehensive inspection conducted in October 2024 confirmed that all equipment is in proper working order, with necessary repairs completed. Access to the property is via a private drive on the north side, established for over four decades. This property is ideal for new businesses, expanding existing operations, or as a 1031 exchange opportunity. The property is being sold "as is/where is." All information should be independently verified by the buyer.