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Multi-Tenant Office Building
For Sale
$799,900

307 S Depot Street, Rogersville, TN 37857

Commercial Sale, Rogersville, TN

Property Size22,900 SF
Lot Size1.38 Acres
Price / SF$34.93
Days on Market179
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Property Features for 307 S Depot Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HB-3
Parking 25
Subdivision Not In Subdivision
Directions From Highway 11W turn onto N Hasson St., go 0.4 miles and turn left on W Main St.. Go 350 ft. to building
Standard status Active
APN 100l H 018.00
Size 22,900 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Annual Amount 4764

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Building Details

Year built 1947
Building materials Block
Roof type Rubber
Listing Agency: TCI Group - Jerry Petzoldt Agency, LLC
Listed By: Ed Mahaffey · License #355986
Added: Apr 20 Changed: Oct 9 Last Checked: Oct 15 at 2:06PM
MLS# 9994142

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 22,900-square-foot office property is configured for multiple tenants and includes approximately 6,000 square feet available for lease. A planned seller leaseback would retain approximately 4,000 square feet after closing, with lease terms to be negotiated. The building dates to 1947 and has block construction, a rubber roof, public water and sewer, central air, and heat-pump systems. Several HVAC units have been replaced, while roof and plumbing repairs have also been completed.

An adjacent 0.55-acre parcel, identified as 100L H 021.00, provides frontage on S. Rogers St. and may support additional parking or future development subject to zoning and approvals. The combined lot size is approximately 1.38 acres. Tenant-paid operating expenses include electricity, trash service, and grounds maintenance for many occupants. The property is zoned HB-3 and currently reflects a 10.7% cap rate, with a projected 13.7% cap rate following the planned leaseback.

Key Highlights

  • 22,900 SF multi‑tenant office property
  • Approximately 6,000 SF remains available for lease
  • Planned seller leaseback of approximately 4,000 SF

Property Analytics

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Current Use

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

Top Pick HVAC Service Kitchen & Bath Showroom Plumbing Service Storage Facility Garden Center Cafe & Coffee Shop

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

Demographics for 37857, TN

21,026
Population
9,749
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
83%
High-School Grad
235.7 sq mi
ZIP Area
89
Density / Sq Mi
$51,383
Median Household Income
$35,453
Median Earnings
$650
Median Rent
$164,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Established occupancy, flexible commercial space, and HB-3 zoning support a range of office-oriented uses.
Where is this office building located?
The property is located at 307 S Depot Street Rogersville, TN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 22,900 SF multi‑tenant office property; Approximately 6,000 SF remains available for lease; Planned seller leaseback of approximately 4,000 SF
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