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11 W Rhea St 2,076 SF 100% Leased Office Building Sparta, TN 38583 $481,493 CAD ($231.93 CAD/SF)

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EXECUTIVE SUMMARY

Located in the heart of downtown Sparta, TN, this versatile 2,076 sq. ft. commercial property offers endless possibilities for businesses or residential living. Recently renovated with fresh paint, new floor coverings, and modern furnishings all within the past three years, the space also boasts updated electrical, plumbing, and HVAC systems (installed within the last 5 years). Previously serving as office space, the property has now been converted into comfortable living space but can easily be transformed back into an office or retail environment. With excellent exposure and easy access to local attractions, this property is an ideal investment for anyone seeking a high-traffic location in a vibrant downtown area. The potential is limitless – schedule a tour today to see all that this property has to offer!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,076 SF
Building Class
C
Year Built
1950
Price
$481,493 CAD
Price Per SF
$231.93 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,076 SF
Building FAR
0.95
Lot Size
0.05 AC
Zoning
C-C - Commercial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Tony Everett
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Tony Everett - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
059B-I-014.00
Land Assessment
$5,616 CAD
Improvements Assessment
$28,078 CAD
Total Assessment
$33,694 CAD
  • Listing ID: 35424310

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 11 W Rhea St, Sparta, TN 38583

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