435 Cedar Ave South Pittsburg, TN 37380-1307
This exceptional mixed-use property in downtown South Pittsburg, Tennessee, presents a unique investment opportunity. Priced at $299,000, this offering encompasses two buildings totaling 3,020 square feet on a 21,600 square foot lot. The main building, constructed in 2005 and spanning 1,820 square feet, features a flexible interior layout easily adaptable to various retail or office configurations. Non-load-bearing interior walls allow for simple redesign. A secondary 1,200-square-foot building, previously used for pet boarding, offers additional space. Both buildings have undergone periodic updates and maintain an attractive aesthetic suitable for commercial use. Located in the heart of South Pittsburg, this property benefits from its proximity to the renowned National Cornbread Festival and Lodge Manufacturing. The property was formerly home to "Tails Up" Pet Grooming and Boarding, which has since relocated. The sale includes a non-compete agreement. The property was originally built in phases, with construction dates of 1955 and 1964, and has a permitted commercial zoning. This presents a rare chance to acquire a versatile property in a vibrant downtown setting. The asking price equates to $99.01 per square foot.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.