534 Military St Loretto, TN 38469-2327
- Retail space
- 16,234 SF
- 1.41 lot acres
Dec 28, 2022
Current Use by Public Records
- Family Dollar / Toy Store / Wine Store
- Albert S. Johnson Jr, DPH / Pharmacy
- higi / Health Consultant
Property Details for 534 Military St
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 1.41 lot acres
- Property size
- 16,234 SF
- Property type
- Retail space
- APN
- 050141 07721
- APU
- 5014107721
Description
This exceptional 14,514 square foot retail building is situated on a 1.41-acre lot at 534 N Military St in Loretto, Tennessee. Its prime location ensures high traffic and visibility, making it an ideal opportunity for a business seeking a strong foothold in a thriving community. The property boasts ample parking, a significant advantage for customers and employees alike. A convenient drive-through window adds to its operational efficiency, streamlining service and increasing potential revenue streams. Furthermore, the inclusion of a loading dock caters to businesses requiring efficient goods handling and storage. This versatile space presents a compelling investment opportunity in a rapidly expanding small town, offering significant potential for growth and return. The building's size and features make it suitable for a wide range of retail businesses, from restaurants and convenience stores to larger-scale operations. The substantial parking area and drive-through window are particularly attractive to businesses that anticipate high customer volume. The presence of a loading dock further enhances the property's functionality and appeal to businesses with inventory needs. This property offers a unique blend of convenience, visibility, and functionality, making it a highly desirable asset in the competitive retail market. The 1.41-acre lot provides ample space for expansion or future development, adding to its long-term investment potential. This is a rare opportunity to acquire a well-positioned retail property in a growing town.
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
- Loretto
- County
- Lawrence
- State
- Tennessee
- Longitude
- -87.4246
- Latitude
- 35.0905
- CBSA code
- 29980
- CBSA name
- LAWRENCEBURG, TN MICROPOLITAN STATISTICAL AREA