23 Heritage Sq Jackson, TN 38305-2403
This exceptional mixed-use property at 23 Heritage Sq, Jackson, TN, presents a compelling investment opportunity for owner-occupants or investors. Boasting a substantial 23,200 square feet, this versatile facility offers a blend of retail/showroom and warehouse space, ideally situated just one mile from Interstate 40 and Exit 82, providing convenient access to all of West Tennessee. The property sits on a 1.4-acre lot and can be subdivided into five potential flex spaces, offering significant flexibility for future tenants or uses. The layout includes approximately 15,000 square feet of showroom space, which could be further divided into three 5,000 square foot bays (approximate). In addition, there's a separate 3,200 square foot warehouse building with approximately 8,200 square feet of total warehouse space. The warehouse features 14-foot eves, roll-up door access, and a truck dock. The property benefits from three-phase power with two electric services and one water service. Currently, a bar and lounge occupies a 5,000 square foot northeast portion of the building on a month-to-month lease, generating a monthly income of $3,500. This property's prime location, ample space, and adaptable layout make it an attractive prospect for a variety of businesses and investors seeking a strong return on investment.
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Slide & Ride II Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Jackson, TNCosts & 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.