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Property profile & analytics
OFF-MARKET
Commercial real estate

716 Main St Shelbyville, TN 37160

0.54 ac lot
Property ID
US80-3465484
Property summary
AI-generated overview

This exceptional mixed-use property, located at 716 N Main St in Shelbyville, Tennessee, presents a lucrative investment opportunity. The 0.54-acre lot houses a beautifully renovated building, boasting a ground floor currently configured as a spacious boutique complete with dressing rooms, a half bath, and an efficient kitchen area equipped with a sink, microwave, and refrigerator. Ample storage space is available in the rear, conveniently featuring hookups for two washer/dryer units. Upstairs, a separate residential unit is currently leased, offering a large living area, two bedrooms, and a full bathroom. The property has undergone a complete transformation by the current owner, including comprehensive updates to the electrical system, plumbing, windows, siding, flooring, bathrooms, and roof. Situated in a prime Shelbyville location, this property offers a blend of commercial and residential income streams, making it an ideal investment for discerning buyers seeking a high-return property with significant upside potential in a thriving Tennessee market. The zip code is 37160. This turnkey operation is ready for immediate income generation.

Property profile
Verified
Property type Commercial real estate
Lot 0.54 ac (23,522 SF)
UPID US80-3465484
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
  • K. Ellen Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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