22 Courthouse Sq Jasper, TN 37347-3530
- Retail space
- 11,128 SF
- 0.11 lot acres
Apr 28, 2021
Current Use by Public Records
- Retail space
Property Details for 22 Courthouse Sq
- Year built
- 1900
- Lot size
- 0.11 lot acres
- Property size
- 11,128 SF
- Property type
- Retail space
- APN
- 058107P B 03000
- APU
- 058107PB03000
Description
This exceptional 10,000-square-foot retail building, located at 22 Courthouse Square in Jasper, Tennessee, presents a unique investment opportunity. Built in 1900, this two-story, all-brick structure boasts solid hardwood floors and original character throughout, offering a blend of historic charm and modern potential. Situated on a 0.12-acre lot, the building's dimensions are approximately 40 feet wide by 130 feet deep. The property is zoned for commercial use, allowing for a variety of applications. The ground floor is ideal for a restaurant, brewery, or retail space, while the second floor presents possibilities for multi-family residential units, Airbnbs, or residential lofts. Jasper, TN, is a thriving community with a population exceeding 3,500 and an average household income over $64,000, experiencing annual growth exceeding 1.4%. This building is being sold as-is. The square footage is approximate and should be verified by the buyer. This prime downtown location offers unparalleled visibility and accessibility, making it an attractive proposition for a wide range of businesses. The Marion County property (APN: 058107PB03000) is priced competitively at under $40 per square foot, representing an outstanding value for a building of this size, condition, and historical significance in the region. The entire 10,000 square feet is currently vacant.
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
- Jasper
- County
- Marion
- State
- Tennessee
- Longitude
- -85.6247
- Latitude
- 35.0747
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
