1031 Exchange - Eligible Mixed-Use Portfolio | Lewisburg, TN
Clarion Hall - the Portfolio of E. Hill presents a rare opportunity to acquire a four-property mixed-use portfolio located along East Hill Ave in Lewisburg, Tennessee. Spanning 3+ acres across four parcels and zoned C2 Commercial, the portfolio offers existing income with long-term redevelopment flexibility, making it well-suited for 1031 exchange buyers, portfolio investors, or owner/users.
The properties are currently utilized as a combination of residential and short/mid term rentals.
PORTFOLIO HIGHLIGHTS
• Portfolio Sale Only - Properties will not be sold individually
• 1031 Exchange Eligible
• C2 Commercial Zoning allowing residential, mixed-use, office, retail, lodging, or future redevelopment (buyer to verify)
• 3+ acres across four parcels overlooking the City of Lewisburg
• Mix of restored historic homes and fully renovated residences
• Income in place with value-add and short-term rental potential
CURRENT INCOME & USE OVERVIEW
• Long-term rental income currently in place
• Short/mid term rental income in place and growing on two properties
• One property is owner-occupied
• Opportunity to optimize rents, STR use, or future commercial adaptation
PROPERTY BREAKDOWN
• 319 E. Hill Ave. | Historic Victorian (1899–1904)
4 Bedrooms | 2 Bathrooms
Anchoring the portfolio, this restored Victorian features original rolled-glass windows, ornate woodwork, stained glass, and pocket doors. Over 1,800 sq. ft. of porch space enhances outdoor living. Recent updates include a new roof (2024), storm windows, porch maintenance, and kitchen upgrades.
• 328 E. Church St. | Renovated Cottage | STR/MTR
2 Bedrooms | 2 Bathrooms
Fully renovated between 2022–2024 while preserving historic character. Wheelchair-accessible layout with stone fireplace, gas fireplace, standing-seam galvanized roof, and approximately 1,000 sq. ft. of covered patio space. Currently used as fully furnished short/mid term rental.
• 325 E. Hill Ave. | Long-Term Rental
2 Bedrooms | 1 Bathroom | 1,338 sq. ft.
Well-maintained residence with gas fireplace and steady long-term rental income, providing immediate cash flow.
• 335 E. Hill Ave. | Fully Renovated Residence | STR/MTR
3 Bedrooms | 2 Bathrooms
Recently completed renovation including roof, windows, plumbing, electrical, sewer lines, and reconfigured floor plan. Features multiple outdoor living spaces. Fully furnished and currently used as fully furnished short/mid term rental.
With flexible commercial zoning, income in place, and a strategic Middle Tennessee location, this portfolio offers buyers a turnkey investment with long-term optionality. Suitable for investors seeking stable cash flow today with the ability to reposition, redevelop, or expand commercial use over time.
FINANCIALS AVAILABLE UPON REQUEST
Detailed financial information for Clarion Hall – the Portfolio of E. Hill is available to qualified buyers upon request.
Available materials include:
• Current rent roll
• Income and expense summary
• Occupancy and use breakdown (LTR / STR / owner-occupied)
• Capital improvements and renovation summary
• Additional supporting documentation as applicable
This portfolio is offered as a bulk sale only and is well-suited for 1031 exchange buyers, portfolio investors, or owner/users seeking income with future flexibility.
To request financials or schedule a private tour, please contact the listing broker directly.
Appointment required for tours. Properties offered as a portfolio sale only. Buyer to verify all information.