$340,000
$385,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
6,417 SqFt
SOLD DATE : 02/12/2024
Key Details
Sold Price $340,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0.5
Square Footage 6,417 sqft
Price per Sqft $52
MLS Listing ID 20235778
Sold Date 02/12/24
Construction Status Functional
Originating Board River Counties Association of REALTORS®
Year Built 1994
Annual Tax Amount $2,434
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions irregular
Property Description
STORE FRONT, PLUS FOUR RENTAL UNITS! Commercial store front located near #MCDONALDFARM in south RHEA COUNTY with direct HIGHWAY FRONTAGE. Currently used for fireworks sales (inventory not included). TOTAL SPACE 6417 SQUARE FEET, BEING 4817 OCCUPIED, 1600 STORAGE. This property offers income producers with 3 bedroom living quarters valued at 1000-1200/mo, attached to store, but can be offered separately, plus 2 bedroom unit renting for $800/month, 1 Bedroom renting for 650/month and efficiency renting for $650/month. (owner pays utilities) Also approximately 1600 square feet of storage space, which could be easily converted to living space. Offers EPB INTERNET SERVICE AND SMART GRID ELECTRIC. The possibilities are endless at this soon to be hot spot of South Rhea County. Rentals are month to month currently.
Location
State TN
County Rhea
Area Rhea South County
Zoning Commercial
Direction On Rhea County Highway on left going North
Interior
Interior Features None
Heating Electric
Cooling Window Unit(s)
Flooring Vinyl
Appliance Oven, Refrigerator
Exterior
Exterior Feature None, Lighting
Garage Gravel
Fence Fenced
Utilities Available Water Connected, Electricity Connected
Waterfront No
Roof Type Metal
Building
Lot Description Rural
Foundation Block
Lot Size Range 0.5
Sewer Septic Tank
Water Public
New Construction No
Construction Status Functional
Schools
Elementary Schools Graysville K-5
Middle Schools Rhea
High Schools Rhea County
Others
Tax ID 107 028.01
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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