Property summary
This exceptional commercial property, located at 179 E Main Street in Parsons, Tennessee, presents a unique investment opportunity. The building encompasses 2,936 square feet and sits on a lot with no acreage specified. Currently, a triple-net lease is in place, generating a consistent monthly income of $2800. This lease has a remaining term of three years, providing immediate cash flow and a stable investment. The property's location on East Main Street ensures high visibility and accessibility, making it ideal for a variety of businesses. The building itself is well-maintained and ready for immediate occupancy, although the specific condition and features are not detailed in the provided information. This presents a chance to acquire a profitable income-generating asset in a thriving Tennessee town. The asking price for this turnkey commercial property is $235,900. Given the current lease and the property's prime location, this represents a strong return on investment potential. Serious inquiries are encouraged to explore this opportunity further. Further details regarding the building's specifics are available upon request. This is an excellent chance to secure a stable, income-producing asset in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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