2,912 sqft

$500,000

211 N 1st St, Pulaski TN, 38478

Price per sqft$171.70

Built in1930

Property size2,912 sqft

Property typeCommercial

Courtesy of Baker Group Realty, Melissa Pacco Listing Contact: 9038216093

Overview

Active

Listed Feb 19, 2026

Updated 4 weeks ago

INVESTMENT OPPORTUNITY | DOWNTOWN PULASKI! 211 N 1st St offers a rare opportunity to acquire a fully leased mixed-use property with two established income streams and 2-year leases in place. The restored street-level retail space is leased at $1,500/month and features exposed brick, beautiful tin tile ceilings, storefront windows, storage and a private bathroom. The refreshed upper-level 3BR/2BA apartment is leased at $1,800/month, including utilities. Both leases commenced March 1, 2026, providing a combined scheduled rental income of $39,600 annually. At the new $500,000 asking price, the property offers a 7.92% gross rent yield before operating expenses. A compelling opportunity for an investor seeking an income-producing downtown asset with historic character and established tenancy!

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

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