328 Cumberland St W
Cowan, TN, 37318 $ 499,990
Bedrooms-- Baths-- Sq 4,790 Monthly Estimate*
$ 3,157
for $499,990. This 4,790 square foot building was built in 1999 on a lot size of 1.18.
VERSATILE COMMERCIAL INVESTMENT OPPORTUNITY | COWAN, TN Rare opportunity to acquire approximately 4,790 SF of commercial space with a highly adaptable existing layout and infrastructure. Formerly operated as an assisted living facility, the property features 15 rooms with 17 accommodations, 3.5 bathrooms, a functional commercial-grade kitchen, communal dining area, reception/office space, and a generous lot offering potential for future expansion, subject to applicable approvals. The existing configuration creates a strong foundation for a variety of adaptive-reuse strategies, including healthcare or medical services, rehabilitation, behavioral health, senior-oriented uses, boutique lodging, extended-stay accommodations, workforce housing, professional offices, retreat or training facilities, and other permitted commercial uses. For investors and owner-users alike, the property's existing infrastructure may help reduce the cost and complexity associated with converting a commercial building for a new purpose. Located in Cowan at the base of the Cumberland Plateau, the property offers access to Middle Tennessee markets, outdoor recreation, and the region's growing tourism corridor. Flexible space. Existing infrastructure. Multiple potential strategies. One opportunity to create your own vision. Buyer to verify zoning, permitted uses, dimensions, and suitability for intended use.
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FeaturesGeneralPossession Close Of Escrow
Zoning commercial
Security Features Fire Alarm Fire Sprinkler System Security System
Year Built 1999
Property Subtype Mixed Use
County Franklin County TN
Property Type Commercial Sale
Status Active
Directions From Winchester Square take US 41A S to Cowan. Turn right onto Looney St then left into parking lot.
City Cowan
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active
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ExteriorTotal Parking 0
Lot Size Area 1.18
Building Area Total 4790
Lot Size Acres 1.18
Lot Size Source Calculated from Plat
Waterfront Y/N N
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InteriorAir Conditioning Y/N N
Heating Y/N N
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* Excluded FeaturesList ByCentury 21 Volunteer RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,157
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Cowan, TN
Average List Price $437,423
Percent of Sale Price 13%
About Cowan, TN 1,574 Population
-4% Since 2002
$ 34,804 Median Income
41.02 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/17/2026 | $499,990 | | Listed Price |