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Investment Highlights
- Updated flooring throughout
- Sanctuary space
- ADA-accessible elevator
- Commercial kitchen
- Private office suites
- Federally designated Opportunity Zone
Executive Summary
Back on the market and better than ever — 701 Red River St is a standout 9,500 SF two-story building in the heart of Clarksville's rapidly evolving Red River District. Freshly updated flooring throughout lends a clean, move-in-ready feel, while a commercial kitchen, dedicated office suites, and a spacious sanctuary make this one of the most versatile multi-use properties in the region.
An on-site elevator provides full accessibility across both levels. The location places you steps from the Frosty Morn revitalization project, the proposed Vulcan Mixed-Use Entertainment District — a planned 30-acre development anchored by a baseball stadium, hotel, and retail — and the City's ongoing Red River greenway and marina improvements. Whether you're a faith-based organization, nonprofit, event operator, or investor, this property delivers both immediate functionality and long-term positioning in one of Clarksville's most active redevelopment corridors.
As a federally designated Opportunity Zone property, qualified investors may benefit from significant capital gains tax advantages — making this not just a strategic operational home, but a compelling investment vehicle.
An on-site elevator provides full accessibility across both levels. The location places you steps from the Frosty Morn revitalization project, the proposed Vulcan Mixed-Use Entertainment District — a planned 30-acre development anchored by a baseball stadium, hotel, and retail — and the City's ongoing Red River greenway and marina improvements. Whether you're a faith-based organization, nonprofit, event operator, or investor, this property delivers both immediate functionality and long-term positioning in one of Clarksville's most active redevelopment corridors.
As a federally designated Opportunity Zone property, qualified investors may benefit from significant capital gains tax advantages — making this not just a strategic operational home, but a compelling investment vehicle.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
9,500 SF
Building Class
B
Year Built/Renovated
1996/2002
Price
$1,050,000
Price Per SF
$110.53
Building Height
2 Stories
Typical Floor Size
4,750 SF
Building FAR
0.33
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
M-1 - Light Industrial Zoning located in Opportunity Zone
Parking
44 Spaces (4.63 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 066D-A-006.03 | Improvements Assessment | $610,700 |
| Land Assessment | $94,900 | Total Assessment | $705,600 |
Property Taxes
Parcel Number
066D-A-006.03
Land Assessment
$94,900
Improvements Assessment
$610,700
Total Assessment
$705,600
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Contact the Sale Advisor
701 Red River St



