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Key Details
Sold Price $115,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $40
MLS Listing ID 2289286
Sold Date 11/06/21
Year Built 1930
Annual Tax Amount $253
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 54.5 X 166
Property Description
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.
Location
State TN
County Cumberland County
Zoning Commercial
Interior
Fireplace N
Exterior
Waterfront false
Roof Type Metal
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Leigh Ann Parkinson
REALTOR® Agent ABR® SRS® | License ID: 357037
REALTOR® Agent ABR® SRS® License ID: 357037