658 N Broadway - Storefront Retail/Office FOR SALE


Portland, TN 37148
$324,900 USD
615-323-0707
658 N Broadway, Portland, TN for Sale
$324,900 USD
Storefront Retail/Office - FOR SALE
1/15
null | 7.39% Cap Rate

658 N Broadway
Portland, TN 37148


HIGHLIGHTS

  • Heavy daily traffic

OVERVIEW

High-visibility corner lot with exceptional traffic exposure along N Broadway/Hwy 109. This well-positioned property is currently leased through January 2028 to Scotty’s Contracting & Stone, LLC, offering immediate and reliable income for investors. The site features great accessibility with two separate entrances, one from Hwy 109 and one from Oak Hill, along with abundant parking and a zero-step front entry with garage access. The prominent corner location provides excellent signage potential and strong daily drive-by traffic. Inside, the upper level offers approximately 1,632 square feet of open, flexible space, complete with two restrooms, fresh paint, and new flooring throughout. An unfinished basement adds valuable storage or future use potential. Major exterior updates include a roof and gutters less than nine years old. A turnkey investment opportunity.

FOR SALE DETAILS

PRICE

$324,900 USD

PRICE/SF

$199 USD /SF

CAP RATE

7.39%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,270 SF

ZONING

Commercial

APN/PARCEL ID

019-108.00

ASK ABOUT THIS PROPERTY

Michael AugusteExit Realty GardenMore Info
615-323-0707

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Michael AugusteExit Realty GardenMore Info
615-323-0707

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