Property profile

705 Dunnington St Columbia, TN 38401

FOR SALE
Retail space
Property ID
US80-0303156
1,548 SF 0.1 ac lot Built 1930
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,548 square foot retail property, located at 705 Dunnington Street in the heart of Columbia, Tennessee, presents a fantastic investment opportunity. Situated on a 0.1-acre lot, this building enjoys a prime location near the Columbia city square, offering excellent visibility and accessibility to a high volume of foot traffic. Its proximity to a historic home adds to its unique charm and appeal. The versatile space is ideal for a variety of retail uses, making it an attractive option for entrepreneurs seeking a well-positioned business location. The building's size and layout offer ample space for retail displays, customer service areas, and potential storage. The asking price is $498,000. This property represents a rare chance to acquire a well-located retail space in a thriving downtown area. Its potential for diverse retail uses, coupled with its attractive location and charming surroundings, makes it a highly desirable investment. The building's existing structure provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. Don't miss this opportunity to own a piece of Columbia's vibrant downtown scene. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 1,548 SF
Lot 0.1 ac (4,400 SF)
Zoning code MCD
APN 060100D A 01001
UPID US80-0303156

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

705 Dunnington St Columbia, TN 38401
Columbia metro Census 10600 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2009
$57,900
2009
$60,000
2002
$85,000
1969
Price N/A

Zoning & alternative use

MCD · Columbia, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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