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Property profile & analytics
OFF-MARKET
Commercial real estate

508 Main St Brownsville, TN 38012

3,943 SF 1.3 ac lot Built 1865
Property ID
US80-3380760
Property summary
AI-generated overview

This stunning 3,943 square foot, Class B, Greek Revival-style building, constructed in 1865, is located at 508 W. Main St, Brownsville, TN 38012, on a 1.3-acre lot. Currently operating as a successful wedding venue, this owner-user investment opportunity is priced at $649,900. The property features three bedrooms, three bathrooms, separate bride and groom's suites, a spacious kitchen, elegant living and dining areas, a grand foyer with a spiral staircase, and an upstairs balcony. Recent renovations include a new roof, fresh paint, and refinished floors. The grounds boast mature trees and lush landscaping, providing a picturesque setting for events. The sale includes all furnishings and appliances, 200 chairs with tables, and established social media accounts and pictures. Additional business assets, including the established business name and future bookings, are available for an additional $60,000. The property's proximity to Memphis and the new Blue Oval City Ford Plant offers significant potential for growth. Projected 2024 revenue is available upon request. This property presents a unique opportunity to own a piece of history while capitalizing on the thriving event venue market. The property is adaptable for various uses, including a bed and breakfast, restaurant, or Airbnb.

Property profile
Verified
Property type Commercial real estate
Year built 1865
Total area 3,943 SF
Lot 1.3 ac (56,628 SF)
UPID US80-3380760
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
  • Eader House Wedding Service
  • Lilie's Take-out & Catering Catering Service
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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