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104 W Webster 19k SF on 1.5 AC 104 W Webster St

19,320 SF Industrial Building Madison, TN 37115 $3,600,000 ($186/SF)

Executive Summary

Main Building at 104-108 W Webster has a 19,320 SF Warehouse/Office building on 1.54 acres with a large adjacent vacant lot (grass). The Main Warehouse on the southside of W Webster Street is 19,320 SF freespan 70’x276’ metal and block building has 1 DRIVE-IN rollup door (13’ tall x 16’ wide) and a 1 DOCK DOOR (11.5’tall x12.5’wide). The Clear Height is at least 15’ inside and 16’+ at peak. (Note The office entrance door on the East side of the Main Office Warehouse building used to be a DOCK and was converted to office space, so it can be converted back to a second 2nd dock again if needed.) Currently 1/3 is built out as Office space, but can be easily converted back to ALL warehouse space. Building is above and clear of the floodplain.
Asking $14 PSF NNN or $270,480 per year NNN (tenant pays property taxes and fire insurance).
Or Possible SALE for $3.60 million.
LINK TO INTERIOR PHOTOS OF MAIN WAREHOUSE/OFFICE:
https://www.dropbox.com/sh/0lcie6pc7j8e50h/AABAyz6YcnkeXFlkqVQZCTEYa?dl=0

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,600,000
Price Per SF $186
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
  • Industrial Service
Building Class C
Lot Size 1.54 AC
Rentable Building Area 19,320 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 1.81/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 17,903 SF
  • Industrial
  • Full Build-Out
  • Now

HARD TO FIND INDUSTRIAL PROPERTY FOR LEASE in Nashville close to downtown. The southside of W Webster has a 19,320 SF Warehouse/Office building on 1.54 acres which includes a small grass lot (0.34 acres). Main Warehouse/Office is 19,320 SF freespan 70’x276’ metal and block building has 1 DRIVE-IN rollup door (13’ tall x 16’ wide) and a 1 DOCK DOOR. The Clear Height is at least 15’ inside and 16’+ at peak. (Note The office entrance door on the East side of the Main Office Warehouse building used to be a DOCK and was converted to office space, so it can be converted back to a second 2nd DOCK again if needed.) Currently 1/3 is built out as Office space, but can be easily converted back to all warehouse space. LINK TO INTERIOR PHOTOS OF MAIN WAREHOUSE/OFFICE: https://www.dropbox.com/sh/0lcie6pc7j8e50h/AABAyz6YcnkeXFlkqVQZCTEYa?dl=0

Space Size Space Use Condition Available
1st Floor 17,903 SF Industrial Full Build-Out Now

1st Floor

Size
17,903 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 17,903 SF
Space Use Industrial
Condition Full Build-Out
Available Now

HARD TO FIND INDUSTRIAL PROPERTY FOR LEASE in Nashville close to downtown. The southside of W Webster has a 19,320 SF Warehouse/Office building on 1.54 acres which includes a small grass lot (0.34 acres). Main Warehouse/Office is 19,320 SF freespan 70’x276’ metal and block building has 1 DRIVE-IN rollup door (13’ tall x 16’ wide) and a 1 DOCK DOOR. The Clear Height is at least 15’ inside and 16’+ at peak. (Note The office entrance door on the East side of the Main Office Warehouse building used to be a DOCK and was converted to office space, so it can be converted back to a second 2nd DOCK again if needed.) Currently 1/3 is built out as Office space, but can be easily converted back to all warehouse space. LINK TO INTERIOR PHOTOS OF MAIN WAREHOUSE/OFFICE: https://www.dropbox.com/sh/0lcie6pc7j8e50h/AABAyz6YcnkeXFlkqVQZCTEYa?dl=0

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-08-0-012
Land Assessment
$226,500
Improvements Assessment
$1,897,100
Total Assessment
$2,123,600

zoning

Zoning Code CS (Zoned CS - Commercial Services)
CS (Zoned CS - Commercial Services)
  • Listing ID: 28807536

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 104 W Webster St, Madison, TN 37115

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