658 Broadway Portland, TN 37148
This exceptional 1,632 square foot retail property, located at 658 N Broadway in Portland, Tennessee, presents a unique investment opportunity. Situated on a 0.85-acre corner lot with excellent visibility overlooking Highway 109 (N Broadway), this property benefits from significant traffic flow. Previously operating as a flower shop, the building offers convenient dual access points – one from Highway 109 and another from Oak Hill. Ample on-site parking is available, complemented by a zero-entry front and a convenient garage. The main level boasts 1,632 square feet of open, versatile space, perfect for a variety of retail uses. Two restrooms are included, and the entire space has been recently updated with fresh paint and new flooring. An unfinished basement provides substantial additional storage potential. The property is further enhanced by a well-maintained roof and gutters, both less than nine years old. The attractive 0.85-acre lot adds to the overall appeal. The owner is open to considering lease options in addition to outright sale. This property is zoned commercial and represents a compelling opportunity for both owner-occupants and investors seeking a high-visibility location in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.