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Office Building with Multiple Entrances
For Sale
$249,000

20 Penny Ln, Crossville, TN 38555

Configured with a lobby, conference room, offices, storage, two kitchens, and two full baths.

Property Size1,725 SF
Price / SF$144.35
Days on Market44

Property Features for 20 Penny Ln

General Information

Standard status Active
Size 1,725 SF

Amenities

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

Building Details

Year Built 1975
Buildings 1
Listing Agency: Berkshire Hathaway HomeServices Southern Realty
Listed By: Karen Kindrick · License #257817
Source: Shearonsellsteam
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 31 at 7:34PM

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 1,725-square-foot office building, constructed in 1975, offers a practical layout for a small business. Interior features include a lobby, conference room, multiple private offices, storage areas, closets, two full bathrooms, and two kitchens. The building has three entry doors and multiple parking spaces.

The property also includes a shed, along with a brick business sign and a business sign located at the corner of 4th and School St. Its two-kitchen arrangement supports the existing office configuration and provides the stated option to convert the building back to a duplex.

Key Highlights

  • 1,725 SF office building constructed in 1975
  • Lobby, conference room, multiple offices, storage areas, and closets
  • Two kitchens and 2 full baths

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 building - Configured with a lobby, conference room, offices, storage, two kitchens, and two full baths.
Where is this office building 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: 1,725 SF office building constructed in 1975; Lobby, conference room, multiple offices, storage areas, and closets; Two kitchens and 2 full baths
More about this property
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