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1414 Highland Avenue
Columbia, TN 38401
Asking Price
$315K
Asset Type
Retail
Class
Class B
What's Special
<p>Great opportunity just outside of the Arts District and only minutes from the downtown square in Columbia. This 840 SF commercial building, originally built in 1925, has a lot of character, beautifully updated and has tons of potential for the right buyer. </p><p></p><p>Zoned commercial and located at 1414 Highland Ave, the space could work well for a small retail shop, office, studio, or investment property. It’s in a perfect location with good access to everything happening around downtown,
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NOI
$80,000
Cap Rate
25.40%
DSCR
4.28
Strong
Cash-on-Cash
64.87%
Monthly Payment
$1,558.448
Annual Cash Flow
$61,298.622
