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Investment Highlights

  • CC zoning — wide open, Retail, restaurant, office, event venue, boutique hotel, co-working, mixed-use residential — CC zoning supports them all
  • Historic tax credits, Federal & TN state historic tax credits may offset a significant portion of qualified rehabilitation costs
  • City investing now, USDA-funded Downtown Revitalization Roadmap, TN Main Street designation pursuit & Vesper Village 3,000-unit development underway

Executive Summary

Built in 1927, this 10,000 SF landmark sits in the heart of downtown Springfield — a city that is rapidly becoming one of Middle Tennessee's most compelling investment markets. With original brick storefront architecture, exposed brick interior walls, large windows, and nearly a century of character baked into every wall, this is the kind of building that simply cannot be replicated at any price.
The building splits evenly across two expansive 5,000 SF levels, each offering distinct investment potential. The main floor delivers open, loft-style commercial space with an office area, 1.5 baths, an attached 55x38 garage, and workshop and storage areas — ready for a retail flagship, restaurant, creative studio, co-working space, or professional services operation. The upper level consisting of 5,000 square feet, which is one of the most significant opportunities in the building. Currently configured as a large private living space (3,800 square feet) with a separate apartment suite (1,200 square feet), it can be held as a premium rental, subdivided into multiple apartment units, or converted to executive office suites — all supported by the property's flexible CC zoning.
The timing here is significant. Springfield is actively pursuing Tennessee Main Street designation — a program that unlocks grant funding and historic preservation incentives specifically designed to support buildings like this one. The City has already launched a USDA-funded Downtown Revitalization Roadmap, and the Vesper Village mixed-use project is bringing 3,000 new residential and commercial units to the area. Tourism spending in Robertson County hit record levels in 2024, and the downtown square's First Friday events draw thousands of visitors monthly. The infrastructure of a thriving downtown is being built around this property right now.

Property Facts

Price $1,373,730 CAD
Price Per SF $138.34 CAD
Sale Type Investment or Owner User
Property Type
Flex
  • General Retail Restaurant
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
Building Class B
Lot Size 0.50 AC
Rentable Building Area 9,930 SF
No. Stories 2
Year Built/Renovated 1927/2005
Parking Ratio 0.3/1,000 SF
Zoning Commercial - Mixed Use - Residential with Commercial Mixed - Use.

Amenities

  • Accent Lighting
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
080J-C-026.00
Land Assessment
$12,879 CAD
Improvements Assessment
$151,660 CAD
Total Assessment
$164,539 CAD
  • Listing ID: 40600892

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 109 7th Ave E, Springfield, TN 37172

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