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228 Cotton Mill Road, Fayetteville, TN 37334

$999,900
  • 228 Cotton Mill Road, Fayetteville, TN 37334 Main Photo

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New to the Market Active
SQUARE FEET146,830 MLS#3159589
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Rare opportunity to acquire one of Fayetteville's most recognizable historic industrial properties. Known locally as the Cotton Mill, this landmark campus offers a compelling blend of character, scale, and income-producing potential on approximately 14.94 acres. Conveniently located near Downtown Fayetteville with easy access to I-24 and I-65, the property provides strong regional connectivity to Nashville and Huntsville (AL).Originally established in the early 1900s, the property features substantial brick, wood, steel, and concrete construction with architectural character that would be difficult to replicate today. The campus includes multiple manufacturing, warehouse, storage, and office areas with flexible configurations suitable for multi-tenant use, owner-occupants, or redevelopment. Much of the main building retains original character, including hardwood floors, while recent improvements include a newer roof and significant upgrades to theLED lighting and repaired/replaced flooring.The property is partially leased, providing in-place income with additional upside through lease-up of vacant and underutilized areas, including office space, basement/storage, and recently vacated sections. Existing rents are below market, offering a clear value-add opportunity. An established corporate tenant occupies approximately 21,701 SF and contributes OVER $125,000 annually, providing a strong income base with future flexibility.A solar component provides additional income through a royalty structure and offers potential utility cost advantages for tenants.With its scale, layout, and historic character, the property also lends itself to adaptive reuse concepts such as a brewery, food hall, event venue, or mixed-use destination. Offered at below prior appraisal.Where vision meets value and opportunity is ready to be realized.

228 Cotton Mill Road | MLS# 3159589

This commercial property located at 228 Cotton Mill Road, Fayetteville, TN 37334 is currently listed for sale with an asking price of $999,900. Search Fayetteville real estate on www.crye-leike.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 14.94 Acres
Roof Type: Membrane
Year Built: 1900

Feature Descriptions

Days on Site: 2
Security: Fire Alarm, Fire Sprinkler System, Security Gate, Security System, Smoke Detector(s)

Listed By / Shown By

Listed By

Agency Name: The Locals Company
Agency Phone: 9312974746

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Nashville MLS

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