31 Broad St Cookeville, TN 38501-2573
This exceptional mixed-use property, located at 31 W Broad St in Cookeville, Tennessee, presents a unique investment opportunity. Boasting 4,500 square feet on a 0.16-acre lot, this building is ideally situated on the vibrant Historic West Side, commanding significant street presence with its prominent storefront. The interior features a captivating blend of exposed brick and hardwood flooring, creating a space rich in character and charm. The layout is versatile and well-suited for a variety of business applications. A spacious basement provides ample storage, complemented by two bathrooms and a fully equipped kitchen/break area. Surrounded by thriving businesses, this property offers immediate access to a bustling commercial environment. The asking price is $1,290,000. This building's combination of size, location, and unique aesthetic appeal makes it an attractive prospect for both business owners seeking a distinctive space and investors looking for a strong return. Its prime location and substantial square footage ensure lasting value and potential for significant growth. The property's character and established presence within the Cookeville community make it a truly exceptional offering.
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Couture By Tess Bridal Clothing & Fashion Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BD · Cookeville, TNCookeville. Always verify with local authorities before improvements.
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.