Decatur, TN- On State Hwy 58N Commercial 2705 sf

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30153188
Building Size (RSF): 2,705 SF
Gross Land Area: 0.72 Acres
Sale Price: $159,000 - 159,900
Unit Price: $58.78 - 59.11 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 1,705 SF
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/3/2017

Overview / Comments

Fantastic location for Insurance Company, Residential conversion Office, Daycare, Barber/Beauty Shop, Meeting Site, Showroom/Office Space. Craftsman style completely renovated 1945 building on .72 acres across street from very busy Dollar General and next to La Hacienda Restaurant. 1105 sf on main level, 600 sf on 2nd level, 1000 sf of heated/cooled basement area with full bathroom workshop area. ALL NEW: Electrical/Plumbing throughout and from the Street (Hwy 58); double floor joists added; metal roof; ext doors with storm doors; dbl hung Low E windows; HVAC (Am. Standard 15 SEAR 3 ton); Hot water heater (elec); gas logs with remote; programable thermostat; 2 - 18,000 BTU's gas heaters in basement area combined with convection can heat entire building (very efficient - $70/mo) Total New bathroom and kitchen on 1st level w/custom cabinets;
Excellent visability adjacent to the downtown Decatur area.

Additional Details

Nearest MSA: Athens
County: Meigs
Taxing Authority: Meigs County
Tax ID/APN: 042 C B 003.00
Property Located Between: Highway 30 and Jones St
Property Visibility: Excellent
Highway Access: 10 miles from I-75 via Hwy 30 to Athens. Nice drive
Airports: Cleveland Jetport/ McMinn County Airport
Site Description: Lot size is .72 acres. The site is across street from a busy Dollar General and in heart of Decatur, TN a few minutes from the Decatur City Hall, Mid East Tn Comm Credit Union, SouthEast Bank (which formed in Decatur), Hardees, Regions Bank and Piggly Wiggly. Condition of primary building is very good; Ready for business. Detached garage needs updated garage doors and possible painting
Area Description: Site adjacent to State Hwy Dept Vehicles Garage and property is next to Main Electrical Trunk lines for the area/ So no long electrical outages here! If bad weather, this will be the first area to be plowed for ice/snow Decatur (Meigs County) is a town located about 40 mins from Cleveland TN and 20 mins from Athens, TN. Located near the beautiful Hiwasee and Tennesse Rivers and a short drive to Watts Bar Lake. State Highway 58 N is a thoroughfare from Chattanooga all the way to Knoxville, TN via Hwy 58/I-40.
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 1,105 SF
Year Built: 1945
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: Wooded around home but not touching structure. Raised Gardens.
Parking Ratio: 240 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking in front in circle drive and beside in a driveway. Potentially much more parking as the property is .72 acres
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central, Heat Pump, Other
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Enter on main level from 3 separate exterior doors. 1105 sf on main level with full kitchen and bath; 2nd level is 600 sf; Full basement/workshop heat/cooled with full bath.
Zoning Description: R2 but could be rezoned for commercial
Lot Frontage: 97.4'
Lot Depth: 300+
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: 17837 State Highway 58N, Decatur, Meigs County, TN 37322; Tax ID 042 C B 003.00; .72 acres Deed Book 65, Page 410.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,631 6,450
Median Age: 42.44 41.46
Households: 1,825 2,517


Photograph of Listing Agent

Kimberly Ledford

Re/Max R. E. Professionals GCAR CMLS Member
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