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Description

Excellent location with high visibility. This property has great potential for more income. Properties are located in a prime area on main highway, very visible to potential clients and customers. There are 3 separate buildings (4 businesses) - Western apparel store, a small motor repair business, Harley Davidson Repair, Studio Apartment, and Restoration shop. Plenty of space for parking. So much income potential. Month to month leases.

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© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-09-19T00:03:03.263.
www.justlistedhousesinmemphis.com/homes/107880621
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16295 Us 64 Hwy Somerville, TN 38068

  • Price: $485,000
  • Status: Active
  • Updated: 239 min ago
  • ID#: 10080638
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1976
Built
Neighborhood:
Commercial
County:
Fayette
Area:
Fayette - South
Property Description
Excellent location with high visibility. This property has great potential for more income. Properties are located in a prime area on main highway, very visible to potential clients and customers. There are 3 separate buildings (4 businesses) - Western apparel store, a small motor repair business, Harley Davidson Repair, Studio Apartment, and Restoration shop. Plenty of space for parking. So much income potential. Month to month leases.
Exterior Features

Buildings 3 Location CityCornerFree Standing Lot Size 43560 Parking Facility 16-30 SpacesAsphalt/BlacktopAttached Road Frontage Us Highway Roof Composition Shingles Truck Loading Door Height No Truck Door

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors Tile Foundation Slab Heating System Central Hot Water Electric Hot Water Offices 3 Restrooms 4 Seating Capacity 300-399

Property Features

Annual City Tax 7500 Annual County Tax 6500 Commercial Type Commercial Contingency Type No Contingency Existing Financing Conventional AdjustableConventional Fixed Information Available Other (See Remarks)Profit/Loss Statement Legal Subdivision Name Commercial New Financing Cash OnlyConventionalFha/Va Possession Lease Possession Negotiable Religious Amenities Kitchen Sale Includes Building And Land Tenant Pays All Utilities Trade Business Name Multiple Businesses Type Usage Auto ServiceOfficeRetail Zoning Comm

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Best Real Estate Company.



© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-09-19T00:03:03.263.
 
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