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Versatile Property with Income Potential

307 S Depot St, Rogersville, TN

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For Sale

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Expansive property with multiple income streams and growth potential.

Type:RETAIL

Property size:

32,220 SF

Lot size:

1.38 Acres

Price / SF:

$27/SF

HighLights

High CAP rate opportunity with existing net income of $79,838.
30% vacancy rate offers significant value‑add potential through lease‑up.
Versatile property with over 30,000 square feet suitable for multiple income streams.
Eight long‑term tenants provide stable cash flow.
Includes a newly renovated reception hall.
Multiple new HVAC units installed.

We can help!

Listing Contact

Ed Mahaffey

For Sale

Contact for pricing

Expansive property with multiple income streams and growth potential.

Type:RETAIL

Property size:

32,220 SF

Lot size:

1.38 Acres

Price / SF:

$27/SF

Added:: Jun 25, 2025
Days on Market:: 355
Last Refresh:: May 20 at 8:07 pm

Property Features for 307 S Depot St

General Information

Standard status: Active
Size: 32,220 SF
Lot size: 1.38 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Ed Mahaffey

Listing agent Ed Mahaffey License #367662

Listing office TCI Group-Jerry Petzoldt Agency LLC

Listing date Jun 25, 2025

Source Moodyscre

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 TCI Group-Jerry Petzoldt Agency LLC

HighLights

High CAP rate opportunity with existing net income of $79,838.
30% vacancy rate offers significant value‑add potential through lease‑up.
Versatile property with over 30,000 square feet suitable for multiple income streams.
Eight long‑term tenants provide stable cash flow.
Includes a newly renovated reception hall.
Multiple new HVAC units installed.

Overview

This expansive property offers over 30,000 square feet of versatile space with multiple income streams and room for growth. The property is currently owner-occupied by a church utilizing three separate areas, including a newly renovated reception hall. Additional uses on-site include a daycare and a thrift store. The property features eight long-term tenants and three vacant units ideal for lease-up, presenting a strong value-add opportunity. The property is perfect for another religious organization or an investor seeking stable cash flow with upside potential. The current owner has also made quite a few capital improvements including multiple brand new HVAC units. The property is located in Rogersville, TN.

Property Profile Location Intelligence

Current Use by Public Records

GVM Child Care ... Daycare Center Greater Vision Ministries Church Renfro B Baird ... Law Firm Southland Business Services, ... Accounting Firm Riner Solutions Big Box & Wholesale Store

Suggested Use

Location Insight

Map
Local Demand

City: Rogersville
County: Hawkins
State: Tennessee
Longitude: -83.0061
Latitude: 36.4047

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What type of property is this?

Church & religious facility - Expansive property with multiple income streams and growth potential.

Where is this church & religious facility located?

The property is located at 307 S Depot St Rogersville, TN.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: High CAP rate opportunity with existing net income of $79,838.; 30% vacancy rate offers significant value‑add potential through lease‑up.; Versatile property with over 30,000 square feet suitable for multiple income streams.

307 S Depot St, Rogersville, TN

Expansive property with multiple income streams and growth potential.

Property Features for 307 S Depot St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Rogersville Commercial Property For Sale

Rogersville Storage Unit Facility

Dual Downtown Restaurant and Apartment

Versatile Commercial Building, Rogersville

Rogersville Land with Rolling Pastures

Rogersville Commercial Building on Highway 66

Rogersville Commercial Opportunity on Highway

Mixed-Use Building with Restaurant Lease

4-House Poultry Farm

Multi-Unit Investment Opportunity in Rogersville

Versatile Commercial Investment Opportunity

Commercial Showroom and Workshop

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