6368 Us 51 Hwy Millington, TN 38053
This stunning two-story chapel, situated on a sprawling four-acre lot at 6368 US 51 Hwy in Millington, Tennessee, presents a unique investment opportunity. The property offers a versatile space ideal for a variety of uses, including religious services, educational programs, or community events. The main chapel area is perfect for large gatherings and ceremonies, while multiple classrooms on both floors provide ample space for smaller group meetings or educational activities. A fully equipped kitchen is conveniently located for catering events or preparing meals for community gatherings. The property boasts abundant parking, ensuring easy access for attendees. The building has recently undergone renovations, including the installation of new flooring and a fresh coat of paint throughout, making it move-in ready. The expansive four-acre lot provides ample room for future expansion or outdoor activities. This exceptional property offers a blend of functionality and aesthetic appeal, making it an attractive investment in a desirable location. The property's size and features make it suitable for a wide range of uses, providing significant potential for growth and return on investment. The convenient location on US 51 Hwy ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile property with significant potential. The asking price is $1,230,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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