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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.

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)
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
066D-A-006.03
Land Assessment
$94,900
Improvements Assessment
$610,700
Total Assessment
$705,600
  • Listing ID: 40543768

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 701 Red River St, Clarksville, TN 37040

Contact the Sale Advisor

701 Red River St

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