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Vision Church 300 E Main St 5,000 SF 20% Leased Office Building Decherd, TN 37324 $496,418 CAD ($99.28 CAD/SF) 8.33% Cap Rate
Investment Highlights
- 4000sqft commercial and 1000 sqft residential space
Executive Summary
Great opportunity to own a cash flowing asset. This listing is for both 300 E Main St Decherd, TN (tax ID 056O E026.00) and 302 E Main St Decherd, TN (tax ID 056O E 026.01). Property is currently leased with Vision Church.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$49,642
|
$9.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,642
|
$9.93
|
| Taxes |
$1,793
|
$0.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,793
|
$0.36
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $49,642 |
| Annual Per SF | $9.93 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,642 |
| Annual Per SF | $9.93 |
| Taxes (CAD) | |
|---|---|
| Annual | $1,793 |
| Annual Per SF | $0.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,793 |
| Annual Per SF | $0.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1900/2020
Price
$496,418 CAD
Price Per SF
$99.28 CAD
Cap Rate
8.33%
NOI
$41,368 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.28
Lot Size
0.09 AC
Zoning
C - Commercial
Parking
1 Spaces (0.2 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,000-2,135 SF
- Office
- Partial Build-Out
- Now
- 2nd Floor
- 1,865 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,000-2,135 SF | Office | Partial Build-Out | Now |
| 2nd Floor | 1,865 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 1,000-2,135 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,865 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 056O-E-026.00 | Total Assessment | $58,377 CAD (2025) |
| Land Assessment | $2,172 CAD (2025) | Annual Taxes | $1,793 CAD ($0.36 CAD/SF) |
| Improvements Assessment | $56,204 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
056O-E-026.00
Land Assessment
$2,172 CAD (2025)
Improvements Assessment
$56,204 CAD (2025)
Total Assessment
$58,377 CAD (2025)
Annual Taxes
$1,793 CAD ($0.36 CAD/SF)
Tax Year
2024
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Presented by
Vision Church | 300 E Main St
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