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Listed by Dave Swaim • RE/MAX Unlimited
$800,000
Est. payment /mo
7,000 SqFt
New
24460 Union Hill Rd Ardmore, TN 38449
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $114
MLS Listing ID 3635541
Year Built 2005
Lot Size 2.150 Acres
Acres 2.15
Property Sub-Type Mixed Use
Property Description
Excellent Income-Producing Commercial Investment
Offered at $800,000, this 7,000-square-foot commercial building is situated on 2.15 acres within the Ardmore, TN, city limits, just off Highway 53. The property features four approximately 1,750-square-foot bays, 3 equipped with commercial overhead doors, private offices, restrooms, individual HVAC systems, and separately maintained utilities.
Three bays are currently leased under annual agreements, generating $$$ per month. The fourth bay is available and projected to generate $$$ per month. At full occupancy, the property offers potential gross rental income of $$$ annually.
Additional features include three-phase electrical service, city sewer, concrete and gravel drive areas, and a metal roof with no reported leaks. Tenants are responsible for utilities, trash, and the first $1,000 of applicable maintenance expenses.
This property presents an outstanding investment opportunity with established income and additional leasing potential.
Offered at $800,000, this 7,000-square-foot commercial building is situated on 2.15 acres within the Ardmore, TN, city limits, just off Highway 53. The property features four approximately 1,750-square-foot bays, 3 equipped with commercial overhead doors, private offices, restrooms, individual HVAC systems, and separately maintained utilities.
Three bays are currently leased under annual agreements, generating $$$ per month. The fourth bay is available and projected to generate $$$ per month. At full occupancy, the property offers potential gross rental income of $$$ annually.
Additional features include three-phase electrical service, city sewer, concrete and gravel drive areas, and a metal roof with no reported leaks. Tenants are responsible for utilities, trash, and the first $1,000 of applicable maintenance expenses.
This property presents an outstanding investment opportunity with established income and additional leasing potential.
Location
State TN
County Giles County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Metal
Others
Special Listing Condition Standard
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