723 Hwy 99, Waynesboro, TN 38485-3009
This exceptional 2,000 square foot mixed-use property, situated on a 0.05-acre lot at 723 Highway 99 in Waynesboro, Tennessee, presents a unique investment opportunity. Currently housing a successful retail business, the property boasts recently updated features including a fresh coat of paint on the ceiling and brand-new flooring throughout the sales area. The sale includes all existing retail equipment, a custom sales counter, and inventory at closing. Two convenient dressing rooms and a bathroom are located in the rear of the building. A dedicated space for processing Amazon returns is also included in a separate addition. A comprehensive Unify security system with cameras is included in the sale and will be transferred to the new owner at closing. The existing Clover register system is leaseable and can be transferred with the approval of Clover. The seller is open to discussing the possibility of purchasing the building separately from the existing business. This versatile property offers immense potential for a variety of uses, making it an ideal investment for both established entrepreneurs and aspiring business owners seeking a turnkey operation or a blank canvas for their own vision. The property's prime Highway 99 location ensures high visibility and accessibility, further enhancing its appeal. Don't miss this chance to own a thriving business or create your own success story in this vibrant Tennessee town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.