315 Riv Rd, Decatur, TN 37322
- Commercial real estate
- 2,670 SF
- 1.16 lot acres
Current Use by Public Records
- Wash Barn Super Laundry / (Bike/Boat/Book/etc) Store
- U-Haul Neighborhood Dealer / Car Rental Facility
Property Details for 315 Riv Rd
- Year built
- 2013
- Lot size
- 1.16 lot acres
- Zone code
- R2
- Property type
- Commercial real estate
- APN
- 061042F A 00603
- APU
- 061042FA00603
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 8, 2022 | $365,000 | Brian Templeton | Chris Sneed | Warranty Deed | $332k · Builtwell Bank |
Description
This exceptional investment opportunity presents a profitable mixed-use property in Decatur, Tennessee, listed at $619,900. The property consists of a well-established laundry mat, the only one within Decatur city limits, ensuring consistent customer traffic and reliable income. This key location guarantees a steady stream of patrons seeking convenient and dependable laundry services. Adding to its appeal, the property includes a separate rental space upstairs, providing an additional revenue stream and enhancing the overall return on investment. Financial documentation verified by a certified public accountant is available for serious buyers, showcasing the business's strong financial standing and growth potential. This turnkey operation offers immediate returns and long-term profitability, making it an attractive prospect for investors seeking a stable and lucrative venture in a high-demand market. The property is located at 315 River Rd, Decatur, TN 37322. This is a rare opportunity to acquire a successful, established business with significant upside potential. The property's prime location and the inclusion of the upstairs rental unit contribute to its exceptional value and strong investment prospects. Don't miss this chance to secure a thriving business in a desirable market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Meigs
- State
- Tennessee
- Longitude
- -84.7925
- Latitude
- 35.5192
