1235 Mcarthur St Manchester, TN 37355-2423
This exceptional Manchester, TN commercial property presents a unique investment opportunity. The 0.96-acre lot encompasses two buildings totaling nearly 7,000 square feet of space. Currently operating under a single parcel, the seller is open to dividing the property. Option one involves purchasing the entire property for $895,000. This includes a 4,416 square foot rehabilitation center situated on a 0.58-acre lot, and a second 2,500 square foot building on a 0.39-acre lot, complete with a fenced area. Alternatively, the rehabilitation center building and its 0.58-acre lot can be purchased separately for $695,000. A third option allows for the purchase of the 2,500 square foot building and its 0.39-acre lot for $300,000. This property boasts a highly desirable commercial location within a rapidly expanding area of Manchester. Aerial views illustrating potential property divisions are available. This is a rare chance to acquire a substantial commercial property, either as a whole or in individual parcels, in a thriving market. The flexibility of purchase options makes this an attractive proposition for a variety of investors.
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TOP Rehab Services Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.