207 N Riverside Dr Clarksville, TN 37040

UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $98
MLS Listing ID 3097849
Year Built 1965
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Mixed Use
Property Description
Situated on approximately 0.55 acres with nearly 9,600 SQFT of building space, this highly visible riverfront investment is located just minutes from Downtown Clarksville and Austin Peay State University.
207 N Riverside Dr features two fully leased commercial spaces totaling approximately 4,800 SQFT. 211 N Riverside Dr offers approximately 4,800 SQFT with a leased ground floor and a vacant second floor featuring a separate exterior entrance, creating additional income potential.
Current NOI is approximately $132,000–$144,000 annually, with significant upside through lease-up of the vacant second floor, market rent increases, NNN lease conversions, and a city-approved ±4,000 SQFT expansion. Projected NOI exceeds $240,000 annually.
Exceptional opportunity for investors, 1031 exchange buyers, and investment groups seeking immediate cash flow with substantial value-add potential.
Location
State TN
County Montgomery County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard

Save $24K+ On Your Next Home
Watch this step by step blueprint on how to get the best home at the best price in the best neighborhood by using our EquityPath System™
BOOK YOUR DISCOVERY CALL TODAY | Unlock your free access to the EquityPath™ System 👉🏼
As Featured On









Buy Smart. Negotiate Hard. Close Like A Pro.
Ready to buy your dream home with confidence? The Home Buyers Success Academy is your step-by-step guide to mastering the entire process -from smart, financial planning with AI to negotiating like a pro and closing with ease. Inside, you'll find eleven powerful chapters designed to make you feel informed, empowered, and in control. Say goodbye to confusion and hello to clarity. This is more than a course- it's your roadmap to home ownership.
Download The E-Book Here
Learn how our mortgage concierge program will save you $25K on virtually any home on the market!
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION




