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Magnolia Mall 121 Main Ave S 10,900 SF 100% Leased Retail Building Fayetteville, TN 37334 $782,474 CAD ($71.79 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Historic brick & timber retail/commercial building with wood floors, high ceilings, large windows, and brick walls; very desirable ambiance
  • on main thoroughfare
  • Quaint downtown square

EXECUTIVE SUMMARY

Historic brick and timber retail/commercial building with wood floors, high ceilings, large windows, and brick walls creating a very desirable ambiance. Industrial freight elevator. Over 10,000 sq ft.
Priced with .61 acre vacant lot behind the building at $750,000. With the lot comes many options of parking for customers or employees, new construction for expansion or another business.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront
Building Size
10,900 SF
Building Class
B
Year Built
1900
Price
$782,474 CAD
Price Per SF
$71.79 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.92
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
Commercial/Multi-use - Business district, public square
Frontage
50’ on Main Avenue

AMENITIES

  • 24 Hour Access
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Regions Bank
U.S. Bank
Curves
Rent-A-Center
FirstBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079E-R-014.00
Land Assessment
$34,811 CAD
Improvements Assessment
$223,281 CAD
Total Assessment
$258,091 CAD
  • Listing ID: 32957049

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 121 Main Ave S, Fayetteville, TN 37334

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