125 Commercial Ave Monterey, TN 38574
- Mixed-use properties
- 4,200 SF
- 0.06 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 125 Commercial Ave
- Year built
- 1910
- Lot size
- 0.06 lot acres
- Property size
- 4,200 SF
- Property type
- Mixed-use properties
Description
This unique 4,200 square foot mixed-use property in Monterey, Tennessee presents a rare investment opportunity. Situated on a 0.06-acre lot at the corner of W Commercial Ave and S Poplar St, this building boasts a prime location near the Monterey Depot, offering excellent visibility and accessibility. The front of the building features a clean, open space ideal for a new business venture, while the rear houses a one-bedroom, one-bathroom apartment complete with a wood deck, private entrance, parking, and green space. The property also includes a partial basement accessible from both the interior and exterior. Adding to its versatility, the full-length attic, featuring approximately 10-foot ceilings, offers significant potential for future expansion or build-out. Parking is conveniently located at the rear of the building on West Depot St. This property offers a blend of commercial and residential space, making it an attractive option for entrepreneurs seeking a combined business and living space. The asking price is $299,900. This is a chance to own a piece of Monterey's history and establish a thriving business in a charming mountain town setting.
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
- Monterey
- County
- Putnam County, TN
- State
- Tennessee
- Longitude
- -85.26918
- Latitude
- 36.14845
