109 7th Ave E - Flex FOR SALE


Springfield, TN 37172
$1,000,000 USD
912-856-3548
109 7th Ave E, Springfield, TN for Sale
$1,000,000 USD
Flex - FOR SALE
1/114
null | Request Cap Rate

109 7th Ave E
Springfield, TN 37172


HIGHLIGHTS

  • CC zoning — wide open, Retail, restaurant, office, event venue, boutique hotel, co-working, mixed-use residential — CC zoning supports them all
  • City investing now, USDA-funded Downtown Revitalization Roadmap, TN Main Street designation pursuit & Vesper Village 3,000-unit development underway
  • Historic tax credits, Federal & TN state historic tax credits may offset a significant portion of qualified rehabilitation costs

OVERVIEW

Built in 1927, this 10,000 SF landmark sits in the heart of downtown Springfield — a city that is rapidly becoming one of Middle Tennessee's most compelling investment markets. With original brick storefront architecture, exposed brick interior walls, large windows, and nearly a century of character baked into every wall, this is the kind of building that simply cannot be replicated at any price. The building splits evenly across two expansive 5,000 SF levels, each offering distinct investment potential. The main floor delivers open, loft-style commercial space with an office area, 1.5 baths, an attached 55x38 garage, and workshop and storage areas — ready for a retail flagship, restaurant, creative studio, co-working space, or professional services operation. The upper level consisting of 5,000 square feet, which is one of the most significant opportunities in the building. Currently configured as a large private living space (3,800 square feet) with a separate apartment suite (1,200 square feet), it can be held as a premium rental, subdivided into multiple apartment units, or converted to executive office suites — all supported by the property's flexible CC zoning. The timing here is significant. Springfield is actively pursuing Tennessee Main Street designation — a program that unlocks grant funding and historic preservation incentives specifically designed to support buildings like this one. The City has already launched a USDA-funded Downtown Revitalization Roadmap, and the Vesper Village mixed-use project is bringing 3,000 new residential and commercial units to the area. Tourism spending in Robertson County hit record levels in 2024, and the downtown square's First Friday events draw thousands of visitors monthly. The infrastructure of a thriving downtown is being built around this property right now.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

Commercial - Mixed Use

APN/PARCEL ID

080J-C-026.00

ASK ABOUT THIS PROPERTY

Chad FriedmanKeller Williams Realty | KW CommercialMore Info
912-856-3548

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Chad FriedmanKeller Williams Realty | KW CommercialMore Info
912-856-3548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.