$499,990

328 Cumberland St, W, Cowan, TN 37318

  • 4,790 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon1.18acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

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.

Listing Status:
Active
Date Added:
April 4, 2025
Data Last Updated:
February 8, 2026 at 10:20PM
Listing Office:
Peck Realty Group, LLC : 9316367020
Listing Agent:
John Michael Peck : 9316367020
MLS ID:
2813630
  • A/C: None
  • Heating: None
  • Parking: Parking spaces: 0
  • Originating MLS: realtrac
  • County: Franklin CountyTN
  • Zoning: commercial088C A 00505 000
  • Source: realtrac

Presented by Veterans United Realty

This listing courtesy of John Michael Peck , Peck Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cowan Elementary School

501 Cumberland St E, Cowan, TN, 37318

Grades PK-5

0.88 miles away

S

South Middle School

601 Cumberland St W, Cowan, TN, 37318

Grades 6-8

0.74 miles away

F

Franklin County High School

833 Bypass Rd, Winchester, TN, 37398

Grades 9-12

4.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.