2124 Circle Dr Columbia, TN 38401
This stunningly renovated historic home at 2124 Circle Drive in Columbia, Tennessee, presents a unique opportunity for both residential and commercial use. Zoned CD-4C by the City of Columbia, this property seamlessly blends historic charm with modern functionality. The 2,552 square foot home sits on a sizable 0.56-acre lot, offering ample space for expansion or outdoor amenities. Currently operating as a successful short-term rental, the property boasts four bedrooms and two bathrooms, each updated with tasteful decor, fresh paint, and meticulous maintenance. The interior features beautiful hardwood floors, a newly renovated kitchen equipped with modern appliances, and newly installed replacement windows throughout. Three charming fireplaces add to the home's character and ambiance. A detached garage provides convenient storage and parking. The large lot presents significant potential for future development, whether it's adding a swimming pool or expanding parking to accommodate a commercial venture. The property's versatility makes it ideal for a variety of uses, including a coffee shop, office space, or other commercial endeavors. All details should be verified by the buyer. Furniture is available for negotiation.
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The Magnolia Inn Hotel & Motel
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.