300 Main St Decherd, TN 37324-3006
This exceptional investment opportunity encompasses two adjacent mixed-use buildings located at 300 and 302 E Main St, Decherd, TN. The combined property boasts a substantial 5,000 square feet of space situated on a 0.09-acre lot. Currently generating income, the property is fully leased to Vision Church, providing a stable and reliable cash flow for the new owner. This presents a rare chance to acquire a turnkey investment in a thriving Tennessee community. The individual tax IDs for the properties are 056O E026.00 (300 E Main St) and 056O E 026.01 (302 E Main St). The asking price for this combined property is $392,500, offering a compelling return on investment. The property's mixed-use zoning allows for a variety of potential future uses, making it an adaptable and valuable asset. This is an excellent opportunity for investors seeking a stable, income-producing property with significant upside potential. The current lease agreement with Vision Church provides a strong foundation for immediate returns, while the property's versatility allows for future growth and adaptation to changing market demands. Don't miss this chance to acquire a prime commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.