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Cann-I-Help | Profitable Hemp Retail 142 West Ave 4,000 sq ft 33% Let Office Property Crossville, TN 38555 £235,555 (£58.89/sq ft)
INVESTMENT HIGHLIGHTS
- .
- Prime Downtown Location – Corner lot in historic downtown Crossville with foot traffic and local visibility.
- Fully Equipped & Licensed – Includes lab, production equipment, retail infrastructure, and a fenced garden with a hemp-growing license since 2018.
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£261,377
|
£65.34
|
| Taxes |
£7,401
|
£1.85
|
| Operating Expenses |
£114,579
|
£28.64
|
| Total Expenses |
£121,981
|
£30.50
|
| Net Operating Income |
£139,396
|
£34.85
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £261,377 |
| Annual Per sq ft | £65.34 |
| Taxes | |
|---|---|
| Annual | £7,401 |
| Annual Per sq ft | £1.85 |
| Operating Expenses | |
|---|---|
| Annual | £114,579 |
| Annual Per sq ft | £28.64 |
| Total Expenses | |
|---|---|
| Annual | £121,981 |
| Annual Per sq ft | £30.50 |
| Net Operating Income | |
|---|---|
| Annual | £139,396 |
| Annual Per sq ft | £34.85 |
PROPERTY FACTS
AMENITIES
- Bio-Tech/ Lab Space
- Fenced Lot
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
ABOUT 142 WEST AVE , CROSSVILLE, TN 38555
Prime Downtown Commercial Property | High-Yield Investment Opportunity Take advantage of this rare chance to own a well-equipped 4,000 sq. ft. commercial building located on a high-visibility corner lot in the heart of historic downtown Crossville. Formerly home to a successful hemp and wellness business, this property is now offered real estate only Property Features: • 4,000 sq. ft. layout with retail, lab, packaging areas, and a fenced garden • Downtown frontage with steady foot traffic from local businesses and tourists • Built-in infrastructure including security system, POS wiring, small commercial kitchen (inspection score: 100%), and utility-ready lab/production zones • Flexible interior ideal for retail, light manufacturing, office suites, or mixed-use ventures • Corner lot with excellent visibility, accessibility, and signage potential Investor Highlights: • Estimated cap rate of 23%, based on prior tenant financials—offering outstanding ROI • Turnkey-ready space requiring minimal build-out for most commercial uses • Located in an opportunity-rich market with growing demand for specialty retail, production, and service-based businesses • Offered at $314,900, creating a high-value proposition in a prime location This property is ideal for an investor seeking stable long-term income, a business owner ready to expand, or an entrepreneur wanting a premium space without starting from scratch.
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Cann-I-Help Co. Inc. (Owner)
- Retailer
- -
- -
- Plus Utilities
- Dec 2015
- N/A
- -
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Cann-I-Help Co. Inc. (Owner) | Retailer | - | - | Plus Utilities | Dec 2015 | |
| N/A | - | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 113C-B-015.01 | Total Assessment | £36,803 (2025) |
| Land Assessment | £8,976 (2025) | Annual Taxes | £7,401 (£1.85/sq ft) |
| Improvements Assessment | £27,827 (2025) | Tax Year | 2023 |
PROPERTY TAXES
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Cann-I-Help | Profitable Hemp Retail | 142 West Ave
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