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Office Building with Multiple Offices
For Sale
$249,000

20 Penny Ln, Crossville, TN 38555

Flexible office layout includes conference space, storage, kitchen areas, and separate entry points.

Days on Market288

Property Features for 20 Penny Ln

General Information

Standard status Active
Property subtype Commercial

Amenities

Lobby area
Conference room
multiple offices
storage room
closets
2 full baths
2 kitchens
3 entry doors
shed

Building Details

Building Size 1,725 SF
Year Built 1975
Listing Agency: Berkshire Hathaway HomeServices Southern Realty
Listed By: Karen Kindrick
Source: Spotlightproperties
Added: Oct 20, 2025 Changed: Aug 2 Last Checked: Aug 2 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Southern Realty

Investment Insights

Based on property information with market context.

This office property is arranged for small-business use with a lobby, conference room, multiple offices, storage room, closets, and 2 full baths. The building also contains 2 kitchens and can be converted back to a duplex. Three entry doors support access to the interior, while multiple parking spaces serve the property. A shed remains with the sale, along with the brick business sign and the business sign positioned at the corner of 4th and School St. Built in 1975, the property is located at 20 Penny Ln in Crossville, Tennessee.

Key Highlights

  • Office layout with lobby, conference room, multiple offices, storage room, and closets
  • 2 full baths and 2 kitchens
  • Building can be converted back to a duplex

Property Analytics

Current Use

Creative Compassion Social Service Agency

Suggested Use

Top Pick Parking Lot & Garage Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby

Demographics for 38555, TN

19,930
Population
10,104
Households
2
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
92.3 sq mi
ZIP Area
216
Density / Sq Mi
$55,286
Median Household Income
$31,571
Median Earnings
$794
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout includes conference space, storage, kitchen areas, and separate entry points.
Where is this office units located?
The property is located at 20 Penny Ln Crossville, TN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Office layout with lobby, conference room, multiple offices, storage room, and closets; 2 full baths and 2 kitchens; Building can be converted back to a duplex
More about this property
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