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Listed by Amanda Ackerman • Reliant Realty ERA Powered
$ 524,900
Est. payment | /mo
1,425 SqFt
$ 524,900
Est. payment | /mo
1,425 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,425 sqft
Price per Sqft $368
MLS Listing ID 3529016
Year Built 1980
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Office
Property Description
Don't miss this rare entry-level mixed-use, professional office asset with immediate income potential. One portion of the property is currently leased, generating $2,000 per month in rental income. The remaining office space and detached outbuilding are perfect for owner occupancy or additional leasing. Best of all, you retain the flexibility to terminate the lease and occupy the entire property to fulfill your custom business/professional needs. The C2 zoning is ideal for service businesses, medical, professional offices, or investors seeking both income and flexibility. This opportunity should be seriously considered for owner-users, investors, or future redevelopment/planned commercial development, subject to local approvals.
This property touts .38 acre which can be expanded to .56 acre with an easily obtainable right-of-way vacation reversion, full working kitchen and appliances/break room, 3 bedrooms/office spaces plus 2 additional office/ reception spaces, 1.5 bathrooms, a BRAND NEW ROOF, a 400 sq ft detached building with heating/cooling and electric, AUTOMATIC INCOME, and 95.7 ft of PRIME, HIGH TRAFFIC FRONTAGE on a MAJOR COMMERCIAL CORRIDOR (27,188 Average Annual Daily Traffic)!
The existing tenant lease provides the purchaser the flexibility to continue receiving rental income or, if preferred, terminate the tenancy with a 30-day notice following the sale in accordance with the lease agreement.
This property touts .38 acre which can be expanded to .56 acre with an easily obtainable right-of-way vacation reversion, full working kitchen and appliances/break room, 3 bedrooms/office spaces plus 2 additional office/ reception spaces, 1.5 bathrooms, a BRAND NEW ROOF, a 400 sq ft detached building with heating/cooling and electric, AUTOMATIC INCOME, and 95.7 ft of PRIME, HIGH TRAFFIC FRONTAGE on a MAJOR COMMERCIAL CORRIDOR (27,188 Average Annual Daily Traffic)!
The existing tenant lease provides the purchaser the flexibility to continue receiving rental income or, if preferred, terminate the tenancy with a 30-day notice following the sale in accordance with the lease agreement.
Location
State TN
County Rutherford County
Zoning C2
Interior
Fireplace N
Exterior
Roof Type Asphalt
Others
Special Listing Condition Standard
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