107 Pleasant Ave Covington, TN 38019-2531

Property Details for 107 Pleasant Ave

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.34 lot acres

Property size

6,264 SF

Property type

Banks

APN

084041C M 01700

APU

084041CM01700

Description

This exceptional commercial property in Covington, Tennessee presents a rare investment opportunity. Located in the heart of the historic downtown area, this unique building offers three distinct and separately rentable spaces, maximizing income potential. The crown jewel is a stunning 5,000 square foot condo-style space situated on the upper level. Boasting 12-foot ceilings, beautiful hardwood floors, and exposed brick, this space offers breathtaking views of the courthouse. Its expansive layout provides ample room for a variety of uses. On the ground floor, a substantial 2,000+ square foot retail space is available, complete with a full basement, adding significant storage capacity. Above the retail space, a dedicated office area provides an additional income source, featuring its own kitchenette and two bathrooms. Finally, a separate 2,000+ square foot office or clinic space is also available, complete with a reception area and two bathrooms. This versatile property is ideally suited for a savvy investor seeking multiple income streams in a thriving downtown setting. The building's prime location and unique character combine to create a truly exceptional investment opportunity. The three separate spaces offer flexibility and potential for a variety of tenants, ensuring a strong return on investment. Don't miss this chance to own a piece of Covington's rich history and vibrant future. The property is listed at $795,000.

Location Insight

City

Covington

County

Tipton

State

Tennessee

Longitude

-89.6459

Latitude

35.5635

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments