Clarksville, TN 37042
$1,150,000.00
Exceptional investment opportunity along high-traffic US Highway 41 in Clarksville. This 7,610 SF mixed-use commercial property is a turnkey, income-producing asset currently generating $9,500 per month in tenant income, with an additional commercial office unit available to lease for approximately $700-$900 per month in added upside. The property features a front commercial space with a rear apartment building, offering diversified income streams. The commercial tenant is responsible for property taxes and utilities, enhancing net operating performance. The current owner has made significant capital improvements, including replacement of three HVAC units, updated light fixtures, gutters, plumbing, and installation of backflow prevention. Apartment upgrades include renovated kitchens and a dedicated washer/dryer room. The building is fully leased on one-year terms with extension options, providing immediate cash flow with future flexibility. This asset offers a compelling opportunity to maintain steady income or reposition for future redevelopment, with nearby new construction driving continued growth and momentum in the area. Prime frontage along Hwy 41 makes this a rare opportunity in a rapidly evolving Clarksville corridor.
Based on information submitted to the MLS GRID as of 2026-01-01T09:21:57+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore market data for Clarksville and the Fort Campbell Boulevard Corridor neighborhood
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Timeline of listing events and status changes
Currently active listing
1 day ago • Dec 30, 2025
2 days on market
$1,150,000.00
Property sold and closed
3 days ago • Dec 29, 2025
3 days on market
$1,150,000.00
Property sold and closed
2 years ago • Mar 9, 2023
85 days on market
$400,000.00
Sold: $350,000.00
Originally: $385,000.00
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