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931.381.1808
Middle Tennessee Real Estate

Commercial Building in Columbia

$1,399,000
Available
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Property Details

ID: 67273
Status: Available
Price: $1,399,000
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
Taxes: $4,167
Dwelling Sq Ft: 3,354

Description

Fantastic commercial property investment opportunity conveniently located in historic Columbia, Tennessee.  Approximately 3400 square feet on a quarter acre lot.  There are 3 units in this building. Currently, 2 units are combined for one tenant with a second tenant occupying the third unit.  Both tenants are medical providers.  Current annual rent in excess of $50,000 with opportunity for future increases to obtain a 7% - 10% cap rate.  Please coordinate showings with listing agent.  Prefer to show outside of standard office hours due to existing business operations. 

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

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