401 Public Sq Alexandria, TN 37012-2139
This exceptional commercial property located at 401 E Public Sq, Alexandria, TN, presents a unique investment opportunity. The 2,306 square foot retail space has been a thriving florist shop for 37 years, boasting a loyal customer base and strong community presence. The building sits on a 0.09-acre lot, providing ample space for both retail operations and storage. The spacious layout is ideal for floral design, arrangement, and customer service. The property's established history and proven success make it a low-risk, high-reward venture for a prospective buyer. The turnkey nature of the business allows for immediate operation, minimizing start-up costs and maximizing return on investment. This is an excellent chance to acquire a well-regarded business with a long history of profitability in a desirable location. The property's prime location in the heart of Alexandria ensures high visibility and accessibility for customers. The strong community ties and established reputation provide a solid foundation for continued success and potential expansion. This is a rare opportunity to own a profitable, established business with significant growth potential. The asking price is $375,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Alexandria, TNAlexandria. 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.