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506 College St W 4,480 SF 75% Leased Office Building Fayetteville, TN 37334 $725,734 CAD ($161.99 CAD/SF)



Executive Summary
Prime Commercial Opportunity in Downtown Fayetteville! Don’t miss this rare investment opportunity located right in the heart of downtown Fayetteville. This property offers incredible flexibility with the potential for up to 7 separate lease spaces, or the option to combine spaces to suit the needs of future tenants. A tanning salon business is also available for purchase, adding even more value. Featuring high visibility with excellent road frontage and a designated parking lot, this building is ideal for attracting steady traffic. Inside, you’ll find 4 bathrooms (including one dedicated for employees) and ample storage space, making it practical for a wide variety of businesses. The possibilities are endless—don’t miss the chance to own this versatile property in a highly sought-after location!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,480 SF
Building Class
C
Year Built
1966
Price
$725,734 CAD
Price Per SF
$161.99 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,240 SF
Building FAR
0.60
Lot Size
0.17 AC
Opportunity Zone
Yes
Parking
10 Spaces (2.23 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 079F-B-006.00 | Improvements Assessment | $83,494 CAD |
| Land Assessment | $20,459 CAD | Total Assessment | $103,953 CAD |
Property Taxes
Parcel Number
079F-B-006.00
Land Assessment
$20,459 CAD
Improvements Assessment
$83,494 CAD
Total Assessment
$103,953 CAD
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Presented by
Simple Real Estate - Keller Williams
506 College St W
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