457 North Broadway

$960,000

Commercial property For Sale

The property is located along a major corridor for Portland, Tennessee known as HWY 109 and referred to as N Broadway, and is used by many travelers to avoid Nashville, a cut through from Interstate 65 to Interstate 40 East. The annual average daily traffic nearby along HWY 109 North is 13,000/ day per TDOT. The property has +/- 250 linear feet of road frontage. The tax map parcel at 461 N Broadway is 0.84 acres and the parcel at 457 N Broadway is 0.47 acres. The two parcels will need to be sold together and will not separate. The two parcels include +/-6,000 square feet of mini storage, +/-2,000 additional square feet of retail rental space, and an additional +/-2,400 square feet concrete slab metal building, that is used for restaurant storage currently, but would work well for a car lot as previously used, or a construction building, and has roughly +/-400 square feet of attached office space. The business at the physical address 457 N Broadway is “Bed, Bark and Beyond Grooming and Boarding” and is approximately 1,350 square feet of retail space generating ($1,100/ month). The business at 459 N Broadway is “Jalisco Market” roughly 650 square feet of retail space ($700/month). The businesses at 457 and 459 make up the southwest building with a separation interior wall between the independent businesses. The business at 461 N Broadway is “Tacos Mi Jalisco” food truck and restaurant roughly 2,400 square feet metal building with two 14×14 overhead doors on north and south entrances including a 400 square feet office space ($3,320/ month). Lastly, the business at 465 N Broadway is 56 door, 6,000 square feet +/- of mini storage warehouse “Portland Tennessee Storage” generating between ($3,500-$4,500/ month). 457 N Broadway lease ends October 31, 2026 ($1,100/month) 459 N Broadway lease ends July 31st, 2026 ($700/ month) 461 N Broadway lease end July 31st, 2026 ($3,320/month) 465 N Broadway is Portland Tennessee Storage and averaged ($42,000 YTD in December.

DIRECTIONS: From downtown Portland Tennessee, drive north on HWY 109, property is on the right u=immediately south of Morning Drive intersection.

Property Address

457 North Broadway-Portland, TN 37148

Property Details

Property Type

Commercial

Square Footage

10,400

Lot Size

1.310

Bedrooms

Bathrooms

Garage

Pool

Year Built

1987

Flooring Types

Heating System

Cooling System

Basement

Number of Fireplaces

Additional Details

Subdivision/Community Name

School District

HOA Fee & Details

Aerial/Drone Photos