534 Madison St Clarksville, TN 37040-3620
This exceptional 7,171 square foot storefront, located at 534 Madison St. in Clarksville, Tennessee, presents a unique investment opportunity. Situated on a prominent 0.55-acre corner lot at the intersection of Madison Street and University Avenue/Cumberland Drive, this two-story building boasts high visibility and excellent accessibility. The property features a recently installed roof, ample front and rear parking, and convenient direct rear access to the walkout basement. The ground floor and basement have undergone recent remodeling, while the top floor has been gutted and is ready for build-out, allowing for complete customization to suit a variety of retail uses. The property's location in the heart of downtown Clarksville offers unparalleled exposure to a thriving community, and its proximity to Nashville (approximately one hour away) provides access to a larger regional market. This prime retail space offers a blend of renovated and ready-to-finish areas, making it an ideal investment for discerning buyers seeking a high-impact commercial property. The asking price is $150,000.
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Wendy Thompson Team Clarksville Mortgage Brokers & Lending Company Loan Service Bank
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DIRECTV® OfficiaI Telecommunications Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Clarksville, TNClarksville. 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.