240 Main St Ashland City, TN 37015-1612
This exceptional 6,000 square foot retail property, located at 240 S Main St in Ashland City, Tennessee, presents a unique investment opportunity. Built in 1947, the building sits on a 0.47-acre lot and is zoned C2, offering considerable flexibility for a variety of uses. Previously utilized as an automotive sales facility and more recently a brewery, the property boasts convenient roll-up doors and ample parking, making it ideal for a diverse range of businesses. The versatile space is well-suited for office, retail, warehouse, or dining establishments. Its prime downtown location within a growing community ensures high visibility and accessibility. The property is currently unleased and available for immediate occupancy. Furniture and equipment from the previous tenant are also available for purchase, providing a potential turnkey operation for the right buyer. The asking price is $850,000. Tax records are available upon request. This is an exclusive agency listing.
-
The Lunch Spot Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
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.