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$1 Auction - Family Dollar Adjacent 2,340 SF 740 Everett St 2,340 SF Retail Building Tiptonville, TN 38079 $1 CAD ($0.00 CAD/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | Grocery & Family Dollar Adjacent 2,340 SF Retail | AUCTION JUNE 22-24
- Direct Access to TN-78 with 3,188 VPD Traffic Counts in Strong Commercial Corridor | 1-Mi from Church St (TN-21) with 3,112 VPD
- Attractive Demographics with 5-Mile Population of 4,589 Individuals with Average Household Income of ±$52,958
- 2,340 SF Retail Suite Situated on 0.31-Acres within Regional Retail Center anchored by Family Dollar and Shadow Anchored by Food Rite
- Nearby National Retailers: Family Dollar, Food Rite, Dollar General Market, Sonic, Subway, Dairy Queen
- Absolute $1 Auction - NO RESERVE
Executive Summary
Marcus & Millichap is pleased to present a vacant, retail building located at 740 Everett Street in Tiptonville, TN (the “Property”). The vacant property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE!
The Property consists of a single story, retail building containing approximately ±2,340 square feet on a ±0.31-acre parcel. The site benefits from access and visibility from Everett Street and sits one block from TN-78 with traffic counts of 3,188 vehicles per day. Zoned GC (General Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – zoning, building size, parcel size and outline obtained from Lake County and CoStar.
Tiptonville, Tennessee is a Northwest Tennessee submarket along the Missouri border that serves as the governmental and commercial center of Lake County, offering investors exposure to a niche market shaped by tourism, agriculture, and public-sector employment. The town is best known for its proximity to Reelfoot Lake, a major regional recreation draw that helps support visitor traffic and service-oriented commercial demand, while the broader county is also leveraging long-term industrial and logistics infrastructure through the Port of Cates Landing and related development initiatives. The Property is located ±100 miles north of Memphis and 198 miles west of Nashville. Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Food Rite, Dollar General Market, Sonic, Subway, Dairy Queen, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±4,589 individuals with an average annual household income of ±$52,958 within a five-mile radius.
The Property consists of a single story, retail building containing approximately ±2,340 square feet on a ±0.31-acre parcel. The site benefits from access and visibility from Everett Street and sits one block from TN-78 with traffic counts of 3,188 vehicles per day. Zoned GC (General Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – zoning, building size, parcel size and outline obtained from Lake County and CoStar.
Tiptonville, Tennessee is a Northwest Tennessee submarket along the Missouri border that serves as the governmental and commercial center of Lake County, offering investors exposure to a niche market shaped by tourism, agriculture, and public-sector employment. The town is best known for its proximity to Reelfoot Lake, a major regional recreation draw that helps support visitor traffic and service-oriented commercial demand, while the broader county is also leveraging long-term industrial and logistics infrastructure through the Port of Cates Landing and related development initiatives. The Property is located ±100 miles north of Memphis and 198 miles west of Nashville. Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Food Rite, Dollar General Market, Sonic, Subway, Dairy Queen, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±4,589 individuals with an average annual household income of ±$52,958 within a five-mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,340 SF
Year Built
1980
Price
$1 CAD
Price Per SF
$0.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.31 AC
Opportunity Zone
Yes
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 029L-F-020.03 | Improvements Assessment | $813,722 CAD |
| Land Assessment | $24,070 CAD | Total Assessment | $837,792 CAD |
Property Taxes
Parcel Number
029L-F-020.03
Land Assessment
$24,070 CAD
Improvements Assessment
$813,722 CAD
Total Assessment
$837,792 CAD
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$1 Auction - Family Dollar Adjacent 2,340 SF | 740 Everett St
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