Prime Downtown Commercial Property | High-Yield Investment Opportunity
Take advantage of this rare chance to own a well-equipped 4,000 sq. ft. commercial building located on a high-visibility corner lot in the heart of historic downtown Crossville. Formerly home to a successful hemp and wellness business, this property is now offered real estate only
Property Features:
• 4,000 sq. ft. layout with retail, lab, packaging areas, and a fenced garden
• Downtown frontage with steady foot traffic from local businesses and tourists
• Built-in infrastructure including security system, POS wiring, small commercial kitchen (inspection score: 100%), and utility-ready lab/production zones
• Flexible interior ideal for retail, light manufacturing, office suites, or mixed-use ventures
• Corner lot with excellent visibility, accessibility, and signage potential
Investor Highlights:
• Estimated cap rate of 23%, based on prior tenant financials—offering outstanding ROI
• Turnkey-ready space requiring minimal build-out for most commercial uses
• Located in an opportunity-rich market with growing demand for specialty retail, production, and service-based businesses
• Offered at $314,900, creating a high-value proposition in a prime location
This property is ideal for an investor seeking stable long-term income, a business owner ready to expand, or an entrepreneur wanting a premium space without starting from scratch.
Gina Knight
Re/Max Finest