6040 1st St Milan, TN 38358-1722
- Warehouses
- 1,944 SF
- 1.40 lot acres
Current Use by Public Records
- Warehouses
Property Details for 6040 1st St
- Year built
- 1955
- Lot size
- 1.40 lot acres
- Property size
- 1,944 SF
- Property type
- Warehouses
- APN
- 123 05100
- APU
- 12305100
Description
This exceptional 1.44-acre commercial lot presents a unique investment opportunity in Milan, Tennessee. Strategically located on Highway 45 E, this property boasts high visibility and excellent access for any commercial venture. The lot is level and currently zoned for commercial use, offering a blank slate for development. An existing building, previously used as a flower shop and originally a feed store, sits on the property. While the main building requires repairs, it retains original oak floors, hinting at the property's historical character. The building's structure presents a chance for adaptive reuse or complete demolition to make way for new construction. The possibilities are vast, ranging from retail spaces to light industrial uses, perfectly suited to capitalize on the high-traffic location. This property is ideal for investors seeking a prime location with significant potential for return. The level terrain simplifies development, minimizing site preparation costs. Don't miss this chance to acquire a highly visible commercial property in a growing area. The property's size and location make it an attractive proposition for a variety of commercial uses. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milan
- County
- Gibson
- State
- Tennessee
- Longitude
- -88.763
- Latitude
- 35.936
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
