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Property profile & analytics
OFF-MARKET
Mixed-use properties

401 Hillsboro Blvd Manchester, TN 37355

2,228 SF 0.18 ac lot Built 1935
Property ID
US80-1197434
Property summary
AI-generated overview

This exceptional 2,228 square foot mixed-use building is situated on a 0.18-acre lot at 401 Hillsboro Blvd in Manchester, TN, a high-traffic area offering unparalleled visibility and accessibility. Priced at $499,900, this property presents a remarkable investment opportunity with diverse potential uses. The main level boasts a spacious work area, perfect for retail or office space, complemented by two waiting areas, a kitchenette, and ample storage. The upper level, previously configured as an apartment, features several rooms, a full bath, and a kitchen, offering additional flexibility for expansion or conversion to suit various business needs. The building's previous use as a salon demonstrates its adaptability and established presence within the community. A potential lease option is available at $2,500 per month, providing immediate income potential for investors. This property's prime location and versatile layout make it an ideal choice for entrepreneurs and investors seeking a thriving commercial venture in a bustling area of Manchester. The building's substantial size and well-defined spaces offer a unique opportunity to establish a successful and long-lasting business. Don't miss this chance to own a piece of Manchester's vibrant commercial landscape.

Property profile
Verified
Property type Mixed-use properties
Year built 1935
Total area 2,228 SF
Lot 0.18 ac (7,841 SF)
UPID US80-1197434
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
  • Shear Artistry Hair Designs Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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