Property summary
This exceptional commercial property, located at 220 E Central Ave in LaFollette, TN, presents a unique investment opportunity. The two-story, 7,600 square foot concrete block building sits on a 0.46-acre lot in a high-traffic area of the city's main street. The ground floor boasts 2,000 square feet of office space, currently configured as a finance company, and is in move-in condition. This level features a large window display, ideal for showcasing products or services. Five on-street parking spaces are directly in front of the building, with additional parking available at the rear. The upper level provides 5,600 square feet of warehouse storage space, also constructed of concrete block. A loading ramp facilitates efficient loading and unloading. The warehouse requires roof repairs. The property includes 1.5 restrooms and a canopy sign. Accessibility features include handicap access. This property offers a blend of office and warehouse space, making it suitable for a variety of commercial uses. Its prime location and high traffic count ensure excellent visibility and accessibility for businesses. The asking price is $149,900.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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