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Listed by: Alex Hollman Hickman Realty Group Inc.-Jack
$475,000
Est. payment /mo
9,600 SqFt
Active
24 Federal DR Jackson, TN 38305
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $49
MLS Listing ID 2603981
Year Built 1978
Annual Tax Amount $6,759
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 200X248 IRR
Property Sub-Type Retail
Source Central West Tennessee Association of REALTORS®
Property Description
This 9,600 SF, 8-suite strip center on 1.06 acres offers a great commercial investment opportunity with immediate, in-place income. The property sits at 75% occupancy with five active tenants in place, while the remaining empty space consists of three smaller, easily adaptable suites ready for immediate occupancy. Well-suited for an investor looking for a steady property with straightforward leasing potential, the center features a functional footprint and flexible suite options, with the neighboring property at 24 Federal Drive also available for sale to expand your footprint. Full rent roll is available upon request; call Alex Hollman at (731) 426-3144 for more details.
Location
State TN
County Madison
Area 1.2
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Heat Source Central
Exterior
Roof Type Flat
Street Surface Asphalt
Building
Story 1
Water Public
Level or Stories 1
Structure Type Block,Brick
Schools
Elementary Schools Jackson Madison Consolidated District
High Schools Jackson Madison Consolidated District
Others
Tax ID 055E A 005.08
Special Listing Condition Standard
Nearby Locations
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