16 1St St Monteagle, TN 37356
This exceptional 1.8-acre commercial property, located at 16 1st St in Monteagle, Tennessee, presents a unique investment opportunity. Built in 1974, the property is ideally situated near popular local establishments such as the High Point Restaurant and Mountain Goat, offering convenient access to a thriving community. Its proximity to the renowned Monteagle Assembly and the historic Highlander site adds significant appeal. Furthermore, the property enjoys a tranquil neighborhood setting, yet remains just a short distance from Sewanee, home to the prestigious University of the South. The property's zoning and potential uses are versatile, making it suitable for a variety of commercial ventures. Alternatively, given its size and location, the property could also be repurposed for residential use. The asking price for this 1.8-acre parcel is $350,000. The property's 37356 zip code and its coordinates (35.2414228 latitude, -85.8284957 longitude) provide precise location details. This property offers a compelling blend of commercial potential and residential adaptability in a desirable Tennessee town. Serious inquiries are encouraged to explore the full range of possibilities this unique offering presents. The property is currently classified as retail.
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Church of the Holy Comforter Church
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Mid-Cumberland Mountain Ministry Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.