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931.381.1808
Middle Tennessee Real Estate

Commercial Building in Columbia

$949,000
Available
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Property Details

ID: 67273
Status: Available
Price: $949,000
Acres: 0.25
Type: Commercial, Business Opportunity
Address: 1223 Hatcher Ln
City, State: Columbia, Tennessee
County: Maury
Zip Code: 38401
Lat/Long: 35.603884, -87.058078
Presented By: Gary Baucom
Phone: (931) 698-8069
Email: Click to Contact

Description

Discover a smart investment in the heart of historic Columbia, Tennessee. This 3,400 sq ft commercial building, set on a quarter-acre lot, is an exceptional opportunity for investors seeking stability and growth. The property boasts three units, currently occupied by two reliable medical tenants, with two units thoughtfully combined to accommodate one practice. Benefit from current annual rents exceeding $50,000, with clear potential to increase your return to a desirable 7-10% cap rate. Please arrange showings through the listing agent. To ensure a smooth experience for the existing medical practices, appointments outside of regular business hours are preferred.

Includes tax id 100J D 023.04 and 100J D 023.02

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Additional Details

Home Details

Sq Ft: 3354.00

Financial

Taxes (annually): $4,167

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Gary Baucom
Gary Baucom
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