875 Union St - Storefront Retail/Office FOR SALE


Shelbyville, TN 37160
$1,700,000 USD
615-995-1403
875 Union St, Shelbyville, TN for Sale
$1,700,000 USD
Storefront Retail/Office - FOR SALE
1/41
null | Request Cap Rate

875 Union St
Shelbyville, TN 37160


OVERVIEW

Retail investment opportunity in the heart of Shelbyville, TN. This well-located retail building is fully occupied*, with the exception of a **4,388 SF storage space** situated at the rear of the property, offering immediate upside through lease-up or alternative use. The property is supported by a stable existing tenant base and has recently benefited from a **brand new roof**, reducing near-term capital expenditure concerns and enhancing long-term asset durability. A key highlight of this property is the **significant opportunity for rent growth**. Current rents remain below market, providing investors with a clear path to **rent improvement** through renewals, repositioning, or future leasing strategies. Combined with the vacant storage component, this asset offers both **in-place cash flow and value-add potential**. Strategically positioned along Union Street, the property enjoys strong visibility and convenient access to Shelbyville’s commercial corridors, making it an attractive long-term hold for investors seeking stable income with upside.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

C2 Highway Service

APN/PARCEL ID

079L-C-003.00

ASK ABOUT THIS PROPERTY

Adam BeachBenchmark Realty, LLCMore Info
615-995-1403

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Adam BeachBenchmark Realty, LLCMore Info
615-995-1403

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