54 S Cedar Ave Cookeville, TN $ 1,599,900
54 S Cedar Ave
$ 1,599,900
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54 S Cedar Ave

Cookeville, TN, 38501
$ 1,599,900
Bedrooms-- Baths-- Sq 6,509

Monthly Estimate*

$ 9,851

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Commercial Property for sale in Cookeville, TN

for $1,599,900. This 6,509 square foot building was built in 1955 on a lot size of 0.24.

Prime downtown Cookeville commercial investment opportunity with exceptional visibility and income potential. This ±6,509 sqft brick building is located in the Central Business District directly across from historic Cookeville staple, Ralph’s Donuts, & positioned along a high-traffic corridor. The property includes dedicated on-site parking, a rare feature for this downtown area. Currently occupied by a long-term tenant, this property offers immediate cash flow with future flexibility. The building includes kitchen space, lounge area, multiple service areas, restrooms & paved parking, supporting a variety of uses including restaurant, retail, entertainment, or service businesses. CBD zoning allows for a wide range of commercial and mixed-use possibilities. Nearby traffic counts range from approx 4,600 to over 23,000 vehicles per day, providing strong daily exposure and excellent visibility. Rare combination of location, exposure & income in one of Cookeville’s most desired locations.

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Commercial Contingent

Price

$ 1,599,900

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.24

Year Built

1955

Town/City

Cookeville

County/Region

Putnam

MLS | Web ID

3145168

Features
General
Possession Negotiable
Zoning Commercial
Security Features Smoke Detector(s)
Year Built 1955
Property Subtype Mixed Use
County Putnam County TN
Property Type Commercial Sale
Contingency Financing
Status Under Contract - Showing
Directions From PCCH: Turn left onto Locust Ave; Turn left onto E Spring St; Turn right onto S Cedar Ave; Property on right with sign.
City Cookeville
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active Under Contract
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Exterior
Total Parking 0
Lot Size Area 0.24
Building Area Total 6509
Lot Size Acres 0.24
Lot Size Source Calculated from Plat
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Provision Realty Group

Broker

Sabrina@SabrinaBrazle.com

Email

Affordability Calculator

$9,851
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$1,599,900 Listed Price

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54 S Cedar Ave, Cookeville, TN, 38501 is a Commercial Property for sale at $1,599,900 with 6,509 sqft and a lot size of 0.24. 54 S Cedar Ave was built in 1955. The property's zip code is 38501 which is in Cookeville, TN