Located less than 3 miles from the Putnam County line, this 2,820 sqft commercial building is the perfect investment to add to your portfolio! Located on a busy highway offering plenty of visibility, this property yields a current net operating income of $10,800 and $12,000 historically. With a current lease in effect until April 1, 2022 the work is already done for you! This space is currently best suited for a restaurant with a working kitchen and large dining space. You will fall in love with the potential of this building when you see the gorgeous tin ceiling, dentil moulding, and exposed brick, all original to this 1930's property. An additional space with a garage bay and tons of storage is also included. Additionally, owner also successfully leases Uhauls on the property. P&L for Uhaul business to be provided upon request.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $125,000 | $44 | The Realty Firm-Crossville | |
Price Changed | $125,000 -28.57% | $44 | The Realty Firm-Crossville | |
Price Changed | $175,000 -22.22% | $62 | The Realty Firm-Crossville | |
Listed For Sale | $225,000 | $80 | The Realty Firm-Crossville |
Elementary School Stone Elementary | 1.3 miles away | PK - 08 | |
High School Stone Memorial High School | 1.4 miles away | 09 - 12 | |
Elementary School South Cumberland Elementary | 3.7 miles away | PK - 08 |