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Listed by Sabrina Brazle • Provision Realty Group
$ 1,599,900
Est. payment /mo
Active Under Contract
54 S Cedar Ave Cookeville, TN 38501
6,509 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,509 sqft
Price per Sqft $245
MLS Listing ID 3145168
Year Built 1955
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Mixed Use
Property Description
Prime downtown Cookeville commercial investment opportunity with exceptional visibility and income potential. This ±6,509 sqft brick building is located in the Central Business District directly across from historic Cookeville staple, Ralph's Donuts, & positioned along a high-traffic corridor. The property includes dedicated on-site parking, a rare feature for this downtown area. Currently occupied by a long-term tenant, this property offers immediate cash flow with future flexibility. The building includes kitchen space, lounge area, multiple service areas, restrooms & paved parking, supporting a variety of uses including restaurant, retail, entertainment, or service businesses. CBD zoning allows for a wide range of commercial and mixed-use possibilities. Nearby traffic counts range from approx 4,600 to over 23,000 vehicles per day, providing strong daily exposure and excellent visibility. Rare combination of location, exposure & income in one of Cookeville's most desired locations.
Location
State TN
County Putnam County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard
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