524 Madison St Shelbyville, TN 37160-3341
This exceptional 3,500-square-foot commercial property, located at 524 Madison Street in Shelbyville, Tennessee, presents a remarkable opportunity for a discerning business owner. Previously occupied by a Family Dollar, this single-tenant building has undergone a complete renovation. The property boasts all-new plumbing, electrical systems, and HVAC, ensuring modern and efficient operation. A significant upgrade includes a large, resurfaced parking lot, providing ample space for customers and employees. Inside, the space is versatile, suitable for retail, restaurant, or office use. The layout includes a spacious main area, along with dedicated office and storage space in the rear. Accessibility is ensured with ADA-compliant men's and women's restrooms. The property sits on a 0.53-acre lot in Bedford County, offering excellent visibility and accessibility on a busy thoroughfare. This turnkey solution eliminates the need for extensive renovations, allowing a new business to focus on growth and success. The location is unparalleled in Shelbyville, offering an ideal environment for any business seeking a high-traffic, well-maintained space. This is a truly exceptional opportunity to establish a thriving business in a prime Shelbyville location.
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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
Similar Nearby for Sale
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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.