1. Tennessee
  2. Mcminnville
  3. 100 W Sparta St
$300,000

100 W Sparta St, Mcminnville, TN 37110

  • 5,478 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This is a very rare and massive investment opportunity! A commercial building in the heart of McMinnville with some local history. The building formerly known as Jones Grocery and more recently Jailbreak Bail Bonds is FOR SALE! This commercial building has 4 separate units. The main level occupies 2 retail spaces; one is not currently in a lease, the business (Jailbreak Bail Bonds) is owned by the seller. The other is on a month-to-month lease at $300 per month, this area could certainly be rented out for more. The 3rd unit is an upstairs apartment which has a new annual lease that began on June 1, 2025. It is rented at $900 a month. The 4th unit is the downstairs apartment area. The tenant recently moved out and it is no longer being leased. It was being rented at $500 a month. The seller would like to sell this commercial property in conjunction with the Residential home located behind it at 102 W Sparta St. McMinnville, TN (MLS #2905908 ) for a total purchase price of $450,000. The home is currently in a month-to-month lease of $800.

Listing Status:
Active
Listing Office:
Reliant Realty ERA Powered : 6156173551
Listing Agent:
Jordan Vandiver : 6156637020
MLS ID:
2905909
  • A/C: None
  • Heating: None

This listing courtesy of Jordan Vandiver, Reliant Realty ERA Powered

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Bobby Ray Memorial Elementary School

504 N Chancery St, McMinnville, TN, 37110

Grades PK-5

0.65 miles away

W

Warren County Middle School

200 Caldwell St, McMinnville, TN, 37110

Grades 6-8

0.73 miles away

W

Warren County Alternative Academy

421 N Spring St, McMinnville, TN, 37110

Grades 9-11

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.