1606 Main St Columbia, TN 38401-4118
- Auto shops
- 10,104 SF
- 0.71 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1606 Main St
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.71 lot acres
- Property size
- 10,104 SF
- Zone code
- IR
- Property type
- Auto shops
- APN
- 060100L R 00800
- APU
- 060100LR00800
Description
This exceptional 11,012 square foot commercial property presents a rare opportunity in the heart of Columbia, TN. Situated on a 0.68-acre lot, this fully fenced and gated property boasts an incredible location, offering outstanding visibility and accessibility from three streets. The property encompasses two enclosed buildings, providing ample space for a variety of commercial ventures. Its former uses as a custom RV restoration business and a Ford restoration shop highlight its adaptability. The property features plenty of open parking and storage, a dedicated interior office area, an exterior loading area, and a large covered shed. The current zoning is SD-LI (Light Industrial), allowing for diverse business applications. Its prime location is within walking distance of the historic downtown Columbia Square and adjacent to the vibrant Art District, ensuring high foot traffic and exposure. The property is being sold "As-Is," with inspections welcome. This is an exceptional opportunity to own nearly an entire block in downtown Columbia, offering unparalleled potential for a discerning investor or business owner. The multiple entry points and corner location provide excellent visibility and convenient access for customers and employees. Don't miss this chance to acquire a truly unique and well-positioned commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $575,000
- 6.5%
- $540,000
- 7%
- $565,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $540,000
- Geo Method
- $525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $545,000
- Retail
- $505,000
- Mixed-Use
- $500,000
- Hospitality
- $605,000
- Educational
- $570,000
- Residential Income
- $560,000
- Energy
- $550,000
- Income-Based Land
- $675,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Maury
- State
- Tennessee
- Longitude
- -87.0386
- Latitude
- 35.6029
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
