328 Cumberland St, W
TN, Cowan-
Active Status
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362 Dayz On Cribz Total Days
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Commercial Sale Property Type
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4790 Total Sqft $104/sqft
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1.18 Acres Lot/Land Size
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1999 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
VERSATILE COMMERCIAL PROPERTY – COWAN, TN
Prime 4,790 SF commercial building offering exceptional adaptive reuse potential. Previously operated assisted living facility with turnkey infrastructure and multiple revenue opportunities.
PROPERTY SPECIFICATIONS:
– 17 Accommodations across 15 Rooms
– 13 Single-occupancy units
– 1 Double unit
– 1 Premium double w/private bath & walk-in closet
– 3.5 ADA-Compliant Bathrooms
– Commercial-Grade Kitchen (fully functional)
– Communal Dining Area
– Professional Reception/Office Space
– Generous Lot – Expansion Ready
– Ample Parking Potential
BUSINESS OPPORTUNITIES:
HEALTHCARE/MEDICAL: Medical/dental offices, physical therapy clinic, behavioral health center, specialized care facility, rehabilitation center. ADA infrastructure already in place.
HOSPITALITY: Boutique inn, bed & breakfast, extended-stay hotel, Airbnb/vacation rentals. Perfect for Cumberland Plateau tourism market.
RESIDENTIAL INCOME: Multi-family apartments, workforce housing, student housing, senior living. Private unit layout ideal for immediate rental income.
INSTITUTIONAL: Corporate training center, religious retreat, recovery/sober living facility, educational programs requiring accommodations.
LOCATION ADVANTAGES:
– Base of scenic Cumberland Plateau
– Growing Middle Tennessee market
– Near outdoor recreation & tourism corridor
– Cowan’s charming small-town appeal
INVESTMENT HIGHLIGHTS:
✓ Turnkey condition – immediate occupancy available
✓ Functional building systems
✓ Flexible commercial zoning
✓ Established infrastructure reduces conversion costs
✓ Multiple income stream potential
✓ Room for future development
Rare opportunity to acquire income-producing commercial real estate with proven layout and unlimited potential. Don’t miss this chance to establish or expand your business in Middle Tennessee.
- Property Type: Commercial Sale
- Listing Type: For Sale
- MLS #: 2813630
- Price: $499,990
- Year Built: 1999
- Lot Area: 1.18 Acre
- Office Name: Peck Realty Group, LLC
- Agent Name: John Michael Peck
- Property Sub Type: Mixed Use
- Listing Status: Active
- Street Number: 328
- Street: Cumberland St
- City Cowan
- State TN
- Zipcode 37318
- County Franklin County, TN
- Longitude: W89° 13' 26.4''
- Latitude: N35° 48' 23.5''
- Zoning: commercial
- Directions: From Winchester Square take US 41A S to Cowan. Turn right onto Looney St, then left into parking lot.
- Street Dir Suffix: W
- Building Size: 4,790 Sqft
- On Market Date: April 4th, 2025
- Previous Price: $567,000
- Co List Agent Full Name: Pam Peck
- Co List Office Name: Peck Realty Group, LLC
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Mar 31st, 2026 @ 7:28pm
- Status Change Timestamp: Oct 7th, 2025 @ 6:13pm
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