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Own a piece of downtown Clarksville's riverfront! This 5,400 SF steel-frame commercial building sits on 0.29 acre in the Central Business District, just off Riverside Drive near Jefferson Street and steps from the Cumberland River. Built in 1973, it offers a front office with a customer counter, a big open shop under exposed steel framing, multiple overhead doors and a paved yard. It's a great fit for a contractor, service or storage user, or a redevelopment play; buyer to confirm intended use with the city. Minutes to Austin Peay State University, F&M Bank Arena and downtown dining and events, with Fort Campbell and I-24 a short drive away. INCENTIVES THAT MAY APPLY:... The property is in an Opportunity Zone designated through 2036, so investors with capital gains may qualify for deferral, a basis step-up and tax-free appreciation after 10 years (an existing building generally requires substantial improvement). The tract is a 2026 HUD Qualified Census Tract, which can add up to a 30% basis boost for Low-Income Housing Tax Credit projects. It also appears to meet the New Markets Tax Credit low-income test, and Qualified Census Tracts generally qualify as HUBZones for small-business federal contracting (verify with SBA). Eligible as 1031 exchange replacement property, and Tennessee has no personal income tax. Incentives are not guaranteed; consult your tax advisor. Traffic count data is in the media section. Buyer and buyer's agent to verify all information.
Data Source: RealTracs Solutions®
MLS#: 3636511
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This property was listed on 11/14/2026 and last updated as of 11/14/2026 3:18:00 PM. OSI IDX updated the data from RealTracs Solutions® on 11/14/2026 at 5:21 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.