737 Madison St Shelbyville, TN 37160
This exceptional mixed-use property at 737 Madison Street in Shelbyville, Tennessee, offers over 21,000 square feet of versatile space on a 0.97-acre lot. Priced to sell at $975,000, this building presents a unique investment opportunity due to its prime location on a high-traffic road with ample parking. The property boasts a large warehouse area, ideal for storage or distribution, complemented by office and retail space ready for immediate occupancy. Features include a loading dock, showroom space suitable for furniture or antiques, and the potential for a restaurant or other retail businesses. The substantial square footage includes a significant amount of additional space in the rear of the building, accessible via the loading dock. Its convenient location near downtown Shelbyville ensures easy access for customers and employees. The property's proximity to the Centennial Horse Arena adds further appeal and potential for synergistic business opportunities. This adaptable space is perfect for a variety of uses, making it an attractive investment for entrepreneurs and business owners seeking a high-visibility location with significant potential for growth. The building's existing infrastructure and ample space provide a solid foundation for a thriving business venture.
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.