Sold

$625,000

9 months ago

124 University Ave, Clarksville, TN

Name: 124 University Ave, Sold in Clarksville - eXp Realty
Brand: EXP REALTY
SKU: 2901902
Price: 625000 USD

0 Bed

0 Bath

MLS® 2901902

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Approx. Age 1946

MLS® Number 2901902

Property Address: 124 University Ave, Clarksville, TN, 37040-3412

Average square foot calculated using Size range provided by listing agent.

Description

Ever dreamed of owning your own coffee shop? Here is your opportunity to purchase the building, acquire a proven 10-year business that cash flows, AND offset expenses with income from the upstairs rentals. This building offers THREE ways to cash flow: the thriving downstairs coffee shop and two fully remodeled upstairs living units. The space includes 1100 sq ft downstairs for the coffee shop, and 1100 sq ft upstairs with two Airbnb units. One is a studio with a full kitchen and bath, and the other is a 2-bedroom unit with living room, kitchen, and bath. Prefer not to operate as an Airbnb? Furnished room rentals this close to Austin Peay University regularly bring $1000 to $1500 per room. Plumb Line Coffee is a well-established artisan coffee shop known by locals for serving some of the best coffee in town. The location is one block from Austin Peay State University and directly across from a new 400-unit apartment development, with another 500+ units within walking distance. A PRIME high-traffic, high-visibility location with excellent growth potential. Upstairs units currently generate $5, 500 up to $6, 500 per month as short-term rentals. Over $200k in renovations, including a complete remodel of the upstairs units. Building upgrades include a new roof within the last 10 years, new mini-split HVAC within 5 years, new condensers within 3 years, and custom finishes throughout. Plumbline is a beautiful and heartfelt piece of downtown Clarksville fabric. The current owners have poured their love and heart into the building and business, and are looking for the right new owner to continue the journey! A rare opportunity for investors, owner-operators, or entrepreneurs. Coffee business to be sold separately. Reach out for more info!

MLS® Number2901902

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1946

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

Feb 20, 2026End Date

$600,000Sold Price

Sold

May 30, 2025List Date

$625,000List Price

Commute

Commute

Starting Address

Destination Address

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