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Cann-I-Help | Profitable Hemp Retail 142 West Ave 4,000 SF 33% Leased Office Building Crossville, TN 38555 $314,900 ($78.73/SF)
INVESTMENT HIGHLIGHTS
- .
- Prime Downtown Location – Corner lot in historic downtown Crossville with foot traffic and local visibility.
- Fully Equipped & Licensed – Includes lab, production equipment, retail infrastructure, and a fenced garden with a hemp-growing license since 2018.
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$349,420
|
$87.36
|
| Taxes |
$9,894
|
$2.47
|
| Operating Expenses |
$153,175
|
$38.29
|
| Total Expenses |
$163,069
|
$40.77
|
| Net Operating Income |
$186,351
|
$46.59
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $349,420 |
| Annual Per SF | $87.36 |
| Taxes | |
|---|---|
| Annual | $9,894 |
| Annual Per SF | $2.47 |
| Operating Expenses | |
|---|---|
| Annual | $153,175 |
| Annual Per SF | $38.29 |
| Total Expenses | |
|---|---|
| Annual | $163,069 |
| Annual Per SF | $40.77 |
| Net Operating Income | |
|---|---|
| Annual | $186,351 |
| Annual Per SF | $46.59 |
PROPERTY FACTS
AMENITIES
- Bio-Tech/ Lab Space
- Fenced Lot
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
ABOUT 142 WEST AVE , CROSSVILLE, TN 38555
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.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cann-I-Help Co. Inc. (Owner)
- Retailer
- -
- -
- Plus Utilities
- Dec 2015
- N/A
- -
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Cann-I-Help Co. Inc. (Owner) | Retailer | - | - | Plus Utilities | Dec 2015 | |
| N/A | - | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 113C-B-015.01 | Total Assessment | $49,200 (2024) |
| Land Assessment | $12,000 (2024) | Annual Taxes | $9,894 ($2.47/SF) |
| Improvements Assessment | $37,200 (2024) | Tax Year | 2023 |
PROPERTY TAXES
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Cann-I-Help | Profitable Hemp Retail | 142 West Ave
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