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Property profile & analytics
OFF-MARKET
Retail space

401 Public Sq Alexandria, TN 37012-2139

2,696 SF 0.08 ac lot Built 1948
Entity Owned 1-yr Hold Free & Clear
Property ID
US80-2647771
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 2,696 SF
Lot 0.08 ac (3,300 SF)
Zoning code C-1
APN 021022G B 00400
UPID US80-2647771
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mp Family LLP · 1 yrs held
Mp Family LLP
since 2025
Last sale
$225,000
3 recorded transactions
2025
$225,000
1990
$18,000
1986
Price N/A
Zoning & alternative use
C-1 · Alexandria, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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