179 Main St, Parsons, TN 38363-2308
This exceptional commercial property, located at 179 E Main Street in Parsons, Tennessee, presents a unique investment opportunity. The building encompasses 2,936 square feet and sits on a lot with no acreage specified. Currently, a triple-net lease is in place, generating a consistent monthly income of $2800. This lease has a remaining term of three years, providing immediate cash flow and a stable investment. The property's location on East Main Street ensures high visibility and accessibility, making it ideal for a variety of businesses. The building itself is well-maintained and ready for immediate occupancy, although the specific condition and features are not detailed in the provided information. This presents a chance to acquire a profitable income-generating asset in a thriving Tennessee town. The asking price for this turnkey commercial property is $235,900. Given the current lease and the property's prime location, this represents a strong return on investment potential. Serious inquiries are encouraged to explore this opportunity further. Further details regarding the building's specifics are available upon request. This is an excellent chance to secure a stable, income-producing asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.