1201 Carmack Boulevard
Prime Hotel / Mixed Use Commercial Opportunity in Downtown Columbia, TN
Marketing description
Prime development opportunity in booming Columbia, TN. ~ 250 ft from the new Maury County Justice Center which was completed in 2024. 5 blocks from the Columbia Square. No value assigned to the buildings onsite as they are used for storage for construction materials. Approximate square footage of onsite buildings is 21,000 sq ft between 3 buildings.
Renderings available upon request for a proposed 165-175K sq ft commercial/residential mixed use development. 2-story 28k parking garage is shown as well.
Tremendous demand for retail/commercial space as there is 560 ft of road frontage on Carmack/US-31. 420+ ft of road frontage on Cemetery Avenue. There is also a tract that connects to Pencil Avenue, which would provide a 3rd street to access.
Investment highlights
Multiple avenues to explore when developing this property. 1st floor retail/office space with living space above is an option. Can also mix in storage space then office space on the 3rd level. City of Columbia is looking for investment into the downtown corridor & this property sits directly in the center of the “master plan” for commercial development.
**Currently leased to a GM subsidiary for freight parking in the amount of 12K annual.
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