Excellent Income-Producing Commercial InvestmentOffered at $800,000, this 7,000-square-foot commercial building is situated on 2.15 acres within the Ardmore, TN, city limits, just off Highway 53. The property features four approximately 1,750-square-foot bays, 3 equipped with commercial overhead doors, private offices, restrooms, individual HVAC systems, and separately maintained utilities.Three bays are currently leased under annual agreements, generating $$$ per month. The fourth bay is available and projected to generate $$$ per month. At full occupancy, the property offers potential gross rental income of $$$ annually.Additional features include three-phase electrical service, city sewer, concrete and gravel drive areas, and a metal roof with no reported leaks. Tenants are responsible for utilities, trash, and the first $1,000 of applicable maintenance expenses.This property presents an outstanding investment opportunity with established income and additional leasing potential.
Listed By
Agency Name: RE/MAX Unlimited
Agency Phone: 2563277600
Shown By
Agent Name: Heidi Potts
Agent Phone: (865) 471-0129
Agency Title: Franklin Realty Inc.
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24460 Union Hill Rd | MLS# 3635541
This commercial property located at 24460 Union Hill Rd , Ardmore, TN 38449 is currently listed for sale with an asking price of $800,000. Search Ardmore real estate on hpotts.franklinrealty.com today.