Commercial Investment Property with Profitable Smoke Shop Included – Prime Clarksville Riverfront Location!
•Turnkey Investment Property with Strong Financials
•Profitable Vape/Smoke Shop Business INCLUDED

Asking Price: $1,850,000
Net Operating Income (NOI): $156,000/year (~$13,000/month)
Cap Rate: 8.4%

•Property Highlights:
Mixed-use commercial building with stable tenants
Includes a successful, established vape/smoke shop business
Vacant second floor offers value-add opportunity
City-approved ±4,000 SQFT expansion potential
Excellent location in a high-traffic area near the riverfront and university
Strong Cash Flow + Long-Term Growth Potential – Ideal for investors seeking both income and upside!

• Location Highlights
Prime riverfront plaza in the heart of Clarksville, TN
Just 1 minute to Downtown and Austin Peay State University
Excellent visibility & traffic – located directly across from the scenic Cumberland River
City-approved ±4,000 SQFT expansion – HUGE value-add potential

• Property Overview
Total Land: 0.55 Acres | Two Buildings | Multiple Income Streams

- 207 N Riverside Dr (±4,800 SQFT)
Two units (2,400 SQFT each) – Both Fully Leased
Tenants: Church & Car Cleaning Service

- 211 N Riverside Dr (±4,800 SQFT – 2 Stories)
Ground Floor: Landlord-owned Profitable Vape Shop
? Generates $9K+ net profit/month
? Owner receives ~$8K/month (rent + profit share)

Second Floor (2,400 SQFT): Currently Vacant with Separate Side Entrance
? Ideal for retail, office, creative studio, or short-term rental

•Financial Overview
Current NOI: $132K–$144K/year (~$11K–$12K/month)
Projected NOI: $240K+/year (~$20K+/month)
Current Cap Rate: 7.1%–7.8%
Projected Cap Rate: 12%+ with full occupancy & expansion

• Seller Financing Available:
$1,000,000 down
Seller to finance the remaining balance for 6 months – flexible terms available for qualified buyers

• Value-Add Opportunities
Lease the vacant 2nd floor for immediate income boost
Build out ±4,000 SQFT expansion (already city-approved)
Transition existing leases to NNN for reduced expenses
Raise under-market rents to current area comps ?

• Why Invest?
? Strong in-place income + significant upside potential
? Turnkey smoke shop business included – already profitable
? Rare riverfront commercial location with high visibility
? Flexible seller financing available
? Perfect fit for 1031 Exchange, private investors, or commercial real estate funds