Individually Owned Property summary
This exceptional mixed-use property in downtown South Pittsburg, Tennessee, presents a unique investment opportunity. The 4,932 square foot building, constructed in 1918, sits on a 3,500 square foot lot and is offered at $999,900 ($202.74/sq ft). The two-story structure boasts a rich history, having previously housed a successful ladies' clothing store for decades. The main floor offers excellent space for retail, hospitality, or restaurant use, while the upper floors provide significant… residential potential. One upstairs apartment is already in place, offering immediate rental income possibilities, while additional apartments could be developed in the connected building at 208 S Cedar Ave (included in the sale). The property retains many original features, including tin ceilings, hardwood floors, and ceramic tile, adding to its unique charm and character. A notable feature is the original back cabinet from the former Sartain Drugs soda fountain. The rear of 206 S Cedar Ave includes a garage and an open courtyard. The third floor offers a blank canvas with original hardwood floors and brick walls, ready for creative development. This property is ideally suited for an owner-operator seeking a blend of commercial and residential space, or an investor looking for strong rental income potential in a vibrant downtown location. The property's prime location and historical significance make it a truly remarkable investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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