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Property profile & analytics
OFF-MARKET
Retail space

306 Public Sq Centerville, TN 37033-1602

3,463 SF 0.05 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-1054566
Property summary
AI-generated overview

This exceptional mixed-use property, located at 306 N Public Sq in the charming town of Centerville, Tennessee, presents a rare investment opportunity. Spanning 4,200 square feet on a 0.05-acre lot, this historic building seamlessly blends old-world charm with modern functionality. The ground floor currently houses a well-established and profitable salon, a beloved local business with a loyal clientele, ensuring a consistent income stream. Above the salon, three updated residential rental units provide additional revenue potential. These units have been thoughtfully renovated, incorporating modern amenities while preserving their historic character, making them highly sought-after by tenants. The building itself has undergone significant maintenance and upgrades, including updated electrical wiring, plumbing, and a modern HVAC system, ensuring long-term efficiency and minimal maintenance costs. This turnkey investment offers a unique blend of commercial and residential income, making it an ideal opportunity for investors seeking a strong return on investment in a vibrant and growing community. The property's prime downtown location provides excellent visibility and accessibility, further enhancing its appeal and potential for future growth. This is a chance to own a piece of Centerville's history and secure a profitable future. The asking price is $399,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 3,463 SF
Lot 0.05 ac (2,000 SF)
APN 041107E H 01200
UPID US80-1054566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New Beginnings Salon and Spa Hair Salon Nail Salon
  • Pure Aesthetics Skincare by Cyndy Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
306nps LLC · 1 yrs held
306nps LLC
since 2025
Last sale
$380,000
4 recorded transactions
2025
$380,000
2022
$425,000
2012
$134,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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