862 South Broad St Lexington, TN 38351
- Retail space
- 1,248 SF
- 5.13 lot acres
Current Use by Public Records
- Green Thumb Nursery & Florist / Florist / Garden Center
Property Details for 862 South Broad St
- Year built
- 1984
- Lot size
- 5.13 lot acres
- Property size
- 1,248 SF
- Zone code
- B2
- Property type
- Retail space
- APN
- 039092 04300
- APU
- 3909204300
Description
This exceptional retail property, located at 862 South Broad Street in Lexington, Tennessee, presents a unique investment opportunity. The building boasts 1,248 square feet of versatile commercial space, ideal for a variety of retail businesses. Its prime location on South Broad Street ensures high visibility and accessibility, benefiting from significant daily traffic flow. The property sits on a generous 5.13-acre lot, offering ample space for expansion, additional parking, or outdoor displays. The asking price is $750,000, representing a compelling value for a property of this size and location in a growing market. The building's existing structure provides a solid foundation for immediate occupancy, allowing for a quick start to operations. The substantial lot size offers significant potential for future development or expansion, catering to the needs of a growing business. This property is well-suited for entrepreneurs seeking a prominent location to establish or expand their retail presence. Its strategic positioning and generous land area make it an attractive investment opportunity with considerable long-term potential. The combination of a desirable location, ample space, and competitive pricing makes this property a truly exceptional offering in the Lexington, Tennessee market. Serious inquiries are encouraged to explore this promising investment opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Henderson
- State
- Tennessee
- Longitude
- -88.4067
- Latitude
- 35.6259
