0 Magnolia Ln Tiptonville, TN 38079

This exceptional 21,000 square foot commercial lot in Tiptonville, Tennessee, presents a unique investment opportunity. Located in the Magnolia Harbor Subdivision on Magnolia Ln, this property boasts over 100 feet of waterfront access, perfect for a variety of commercial ventures. The lot includes a private concrete boat ramp and is permitted for a dock, adding significant value and appeal. A substantial concrete retaining wall offers protection against rising water levels, ensuring long-term stability. The subdivision is known for its well-maintained homes and adheres to restrictive covenants, including a minimum 1200 square foot building requirement. This ensures a high standard of development within the community. Convenient access to essential utilities is a key advantage, with readily available electric, gas, water, sewer, and high-speed fiber internet services. The property's location in Tennessee offers the added benefit of no state income tax. This waterfront lot provides an excellent foundation for building a thriving commercial enterprise. The asking price is $199,900. The zip code is 38079.