211 N 1st St, Pulaski, TN 38478

Property Description

INVESTMENT OPPORTUNITY | DOWNTOWN PULASKI! 211 N 1st St offers a rare opportunity to acquire a fully leased mixed-use property with two established income streams and 2-year leases in place. The restored street-level retail space is leased at $1,500/month and features exposed brick, beautiful tin tile ceilings, storefront windows, storage and a private bathroom. The refreshed upper-level 3BR/2BA apartment is leased at $1,800/month, including utilities. Both leases commenced March 1, 2026, providing a combined scheduled rental income of $39,600 annually. At the new $500,000 asking price, the property offers a 7.92% gross rent yield before operating expenses. A compelling opportunity for an investor seeking an income-producing downtown asset with historic character and established tenancy!