306 N Public Sq
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306 N Public Sq
4,500 SF Vacant Retail Building Centerville, TN 37033 £312,198 (£69/SF) 3.63% Net Initial Yield
Executive Summary
Own a piece of history in the heart of Centerville, Tennessee!
This historic downtown building is a gem waiting to be discovered, offering a unique investment opportunity that combines community, charm, and modern convenience. The main level of this building is home to a beloved salon that has become a staple in the local community. With a loyal customer base and a reputation for excellence, this salon is a thriving business that brings life and vibrancy to the downtown area. In addition to the salon, the property boasts three residential rental units that provide a steady stream of income for the savvy investor. These units have been updated with modern amenities while still retaining their historic charm, making them highly desirable for tenants who would love to stay with the transfer of owners. The building itself has been meticulously maintained by the current owner, with updates to the wiring, plumbing, and HVAC system ensuring that it is in top-notch condition for years to come.
Don't miss out on this chance to own a piece of Centerville's history and be a part of its vibrant downtown community! With its prime location, updated features, and established tenants, this historic building is a truly special opportunity that won't last long. Contact us today to learn more and make this unique property yours!
This historic downtown building is a gem waiting to be discovered, offering a unique investment opportunity that combines community, charm, and modern convenience. The main level of this building is home to a beloved salon that has become a staple in the local community. With a loyal customer base and a reputation for excellence, this salon is a thriving business that brings life and vibrancy to the downtown area. In addition to the salon, the property boasts three residential rental units that provide a steady stream of income for the savvy investor. These units have been updated with modern amenities while still retaining their historic charm, making them highly desirable for tenants who would love to stay with the transfer of owners. The building itself has been meticulously maintained by the current owner, with updates to the wiring, plumbing, and HVAC system ensuring that it is in top-notch condition for years to come.
Don't miss out on this chance to own a piece of Centerville's history and be a part of its vibrant downtown community! With its prime location, updated features, and established tenants, this historic building is a truly special opportunity that won't last long. Contact us today to learn more and make this unique property yours!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
C
Year Built/Renovated
1900/2024
Price
£312,198
Price Per SF
£69
Net Initial Yield
3.63%
NOI
£11,346
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
2.07
Lot Size
0.05 AC
Zoning
Commercial - Commercial- Retail, Multifamily
Frontage
40 ft on N. Public Sq
Amenities
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 107E-H-012.00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £37,745 |
PROPERTY TAXES
Parcel Number
107E-H-012.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£37,745
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306 N Public Sq
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