200 E Broadway St
Collinwood, TN, 38450 $ 245,000
Bedrooms-- Baths-- Sq 2,160 Monthly Estimate*
$ 1,467
for $245,000. This 2,160 square foot building was built in 1962 on a lot size of 0.05.
Commercial space PLUS AirBnB. Exceptional Investment Opportunity: Discover this hidden-in-plain-sight gem at 200 E Broad, an income-producing property offering both residential and commercial versatility. This meticulously maintained property features a charming, fully-furnished 1-bedroom, 1-bath apartment, currently operating as a successful short-term rental. With a turnkey setup, it’s ready to welcome travelers exploring the renowned Natchez Trace Parkway. Adjacent to the apartment is an additional 1,500 square feet of flexible space, presently utilized as a recording studio, personal gym, and storage area. This section includes a convenient half bath and washer/dryer hookups, making it adaptable for a variety of uses such as a creative studio, retail space, or additional residential unit. Despite its serene rural setting, the property boasts high-speed 1G Internet, (up to 2G available) ideal for remote work, streaming, or running a business. More about the Location: Situated in the heart of Collinwood, TN, a rural town along the Natchez Trace Parkway, with a steady stream of tourists, cyclists, and nature enthusiasts. Part of "Nashville's Big Back Yard" (Google it) and qualifies for TN Mainstreet programs. Just a block from local favorites, The Dragonfly coffee house, Q BBQ, and also DG Marketplace and Collinwood Hardware, ensuring convenience and enhancing guest appeal. 35 min drive to Sam's Club, Target, Lowe's and other shopping & restaurants in Florence, AL. Whether you’re looking to expand your investment portfolio, start a business, or enjoy the flexibility of a mixed-use property, this asset offers much Potential. Only $870/year property taxes! Self-guided virtual tour available upon request.
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FeaturesGeneralPossession Close Of Escrow
Roof Metal
Zoning Comm
Year Built 1962
Property Subtype Mixed Use
County Wayne County TN
Property Type Commercial Sale
Status Active
Directions From Natchez Trace turn right onto Broadway. Property will be on your left.
City Collinwood
Lot Size Units Acres
Waterfront Y/N N
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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ExteriorTotal Parking 0
Lot Size Area 0.05
Building Area Total 2160
Lot Size Acres 0.05
Lot Size Source Calculated from Plat
Covered Spaces 0
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InteriorAir Conditioning Y/N N
Heating Y/N N
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* Excluded FeaturesList ByColdwell Banker Southern RealtyBroker
heidio.myagent@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,467
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Collinwood, TN
Average List Price $299,999
Percent of Sale Price 22%
About Collinwood, TN 939 Population
-4% Since 2002
$ 39,254 Median Income
40.66 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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12/4/2024 | $245,000 | | Listed Price |