3251 Main St - Specialty FOR SALE


Pikeville, TN 37367
$590,000 USD
423-702-6287
3251 Main St, Pikeville, TN for Sale
$590,000 USD
Specialty - FOR SALE
1/64
null | 7.32% Cap Rate

3251 Main St
Pikeville, TN 37367


HIGHLIGHTS

  • Prime Main Street location within walking distance to local amenities
  • Combination of leased retail, three one-bedroom apartments, and a large garage with flexible use options.
  • Includes a spacious three-bedroom, two-bath owner’s unit with an in-ground pool.
  • Opportunity Zone designation offers potential federal tax incentives for qualified investments.
  • Situated near major Tennessee parks and recreational destinations fostering tourism rental demand.
  • Corner lot position providing visibility, access, and on-site parking.

OVERVIEW

3251 Main Street presents a rare mixed-use investment opportunity in the heart of downtown Pikeville, Tennessee. Positioned along the city’s primary corridor and just steps from the Bledsoe County Courthouse, this two-story property combines retail frontage, residential income, and functional specialty space within a single asset. The configuration includes a leased street-facing retail storefront providing immediate cash flow, three fully leased one-bedroom apartments, and a sizeable garage structure with office and full bath offering additional revenue potential through storage, workspace, or future adaptive reuse. An on-site, move-in-ready three-bedroom, two-bath main residence with a private swimming pool elevates flexibility for owner-occupancy or short-term rental strategies. The property’s location blends community engagement and walkability with proximity to regional attractions like Fall Creek Falls and Cumberland State Parks—two major tourism drivers for Eastern Tennessee. With unrestricted use, absence of HOA governance, and inclusion in a designated Opportunity Zone, this asset supports long-term tax-advantaged investment. Multiple income streams, high-visibility frontage, and adaptable physical improvements make this offering attractive for investors, entrepreneurs, and owner-users seeking diversified income and high utility.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

7.32%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3251 Main St Pikeville Tn

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

004065I B 00600 001

ASK ABOUT THIS PROPERTY

Paige HoltRE/MAX PropertiesMore Info
423-702-6287

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Paige HoltRE/MAX PropertiesMore Info
423-702-6287

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