2601 Highway 64 W Shelbyville, TN 37160
This 1,800 square foot retail building presents a fantastic opportunity for entrepreneurs. Previously operating as Big Wheel Grocery, the property boasts endless possibilities for a variety of businesses. Situated on a 1.59-acre lot with frontage on both Highway 64 West and Whitaker Road, this location offers exceptional visibility and accessibility between Shelbyville and Lewisburg. Ample parking is available with 17 spaces, including two designated handicapped spots. Recent improvements significantly enhance the property's value and appeal. The parking lot has undergone a complete renovation, including repaving, striping, and the installation of new parking curbs. The roof is a nearly new metal roof, approximately one year old. Interior upgrades are equally impressive, featuring brand new Armstrong "Pearl" flooring throughout, energy-efficient LED lighting (both interior and exterior), a new plumbing system, a new water heater, and new blinds. This turnkey property is ready for immediate occupancy and offers a compelling combination of location, size, and recent renovations, making it an ideal investment for a discerning business owner. The substantial lot size also allows for future expansion or additional development opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
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Costs & Benchmarks
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Risks
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