$300,000 - 100 W Sparta St, McMinnville

This is a very rare and massive investment opportunity! A commercial building in the heart of McMinnville with some local history. The building formerly known as Jones Grocery and more recently Jailbreak Bail Bonds is FOR SALE! This commercial building has 4 separate units. The main level occupies 2 retail spaces; one is not currently in a lease, the business (Jailbreak Bail Bonds) is owned by the seller. The other is on a month-to-month lease at $300 per month, this area could certainly be rented out for more. The 3rd unit is an upstairs apartment which has a new annual lease that began on June 1, 2025. It is rented at $900 a month. The 4th unit is the downstairs apartment area. The tenant recently moved out and it is no longer being leased. It was being rented at $500 a month. The seller would like to sell this commercial property in conjunction with the Residential home located behind it at 102 W Sparta St. McMinnville, TN (MLS #2905908 ) for a total purchase price of $450,000. The home is currently in a month-to-month lease of $800.