523 22Nd Ave Humboldt, TN 38343
- Warehouses
- 60,000 SF
Current Use by Public Records
- Warehouses
Property Details for 523 22Nd Ave
- Year built
- 1930
- Property size
- 60,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 60,000 square foot warehouse situated on a substantial 127,630.8 square foot lot at 523 N 22nd Avenue in Humboldt, Tennessee, zip code 38343. Built in 1930, this property boasts a prime location on a busy Humboldt street. The warehouse currently houses a long-term tenant (over 20 years) occupying the street-level portion of the building. Adding to its potential, two additional units are available for lease, presenting immediate income opportunities for a savvy investor. While the square footage is noted as 60,000, it's important to note that this will be verified by an appraiser. This property is being offered at an attractive asking price of $175,000, reflecting the motivated seller's desire for a quick sale. The seller considers this a "diamond in the rough," highlighting the significant potential for renovation and increased profitability. All provided information is believed to be accurate but is not warranted by the seller and should be independently verified. This description is for informational purposes only and is not part of any sales contract.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Humboldt
- County
- Gibson
- State
- Tennessee
- Longitude
- -88.9079
- Latitude
- 35.8223
