716 Main St Shelbyville, TN 37160
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.
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K. Ellen Boutique Clothing & Fashion Store
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.