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Sweetland Properties 16000 TN-111 Rt 4,707 SF Office Building Spencer, TN 38585 $697,820 CAD ($148.25 CAD/SF)
INVESTMENT HIGHLIGHTS
- Fronts State Route TN 111
- 1.9 Acre site provides expansion opportunities
- Potential to subdivide premises
- Very well maintained
- Ample parking
EXECUTIVE SUMMARY
The Subject Property offers a very well maintained, all brick, commercial building totaling 4,707+/-sf of conditioned space situated on 1.9+/- Acres fronting State Route TN 111. The building is comprised of multiple offices, men’s and women’s restrooms, kitchenette, breakroom and open flex space. The interior of the premises were updated in 2022/2023 and the exterior was last updated in 2013/2014. The property provides ample parking with 81 spaces, multiple points of ingress/egress and over 350 feet of frontage along TN 111. The property is located approximately 27 miles south of Cookeville, TN and approximately 1 hour north of Chattanooga.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,707 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$697,820 CAD
Price Per SF
$148.25 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,707 SF
Building FAR
0.06
Lot Size
1.94 AC
Opportunity Zone
Yes
Zoning
C-2 - Retail, restaurant, recreational, office, some medical
Parking
7 Spaces (17.21 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
PROPERTY TAXES
| Parcel Number | 023N-A-033.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $184,708 CAD |
PROPERTY TAXES
Parcel Number
023N-A-033.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$184,708 CAD
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Sweetland Properties | 16000 TN-111 Rt
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