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    OFF-MARKET
    Commercial real estate

    424 Piccadilly Ave, Spring City, TN 37381

    12,950 SF
    Property ID
    US80-0749970
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Spring City, Tennessee! This 37,461 sq ft lot features a substantial 12,950 sq ft building complex, formerly a church. The main building boasts approximately 6,000 sq ft spread across two levels, including multiple classrooms, offices, restrooms, and a small kitchen. A separate 5,850 sq ft gymnasium/fellowship hall offers a fully functional kitchen, additional classrooms, storage, and restrooms with showers. Adding to the versatility, a 1,100 sq ft, two-bedroom, one-bathroom home is included, ideal for residential use or rental income. This property presents significant potential for various commercial ventures. The R1 zoning allows for multiple uses. The property is located at 424 & 440 W Piccadilly Avenue, Spring City, TN 37381. The asking price is $335,000. This is a rare opportunity to acquire a substantial property with diverse possibilities in a growing community. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 12,950 SF
    UPID US80-0749970
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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