291 Washington St Ripley, TN 38063
This exceptional commercial property located at 291 S WASHINGTON St, Ripley, TN, presents a unique investment opportunity. Priced at $150,000, this building offers two distinct units, ideal for both owner-occupancy and rental income generation. Unit A provides ample space for establishing a new business or relocating an existing one, while Unit B offers immediate rental income potential. The property's layout is well-suited for a variety of commercial uses, making it a versatile investment. The building's size is not specified, but its dual-unit configuration allows for flexibility in business operations and income streams. This property is situated in Ripley, TN, offering access to local markets and a growing community. The absence of acreage suggests a convenient, low-maintenance property. This is an excellent opportunity for entrepreneurs seeking a combined business and investment property, or for investors looking for a strong return on investment through rental income. The property's dual-unit structure minimizes risk and maximizes potential profits. Serious inquiries are encouraged to explore this promising commercial venture. The property is offered as-is.
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
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.