114 N Church St 13,762 SF Office Building Waverly, TN 37185 $525,000 ($38.15/SF)
INVESTMENT HIGHLIGHTS
- Right in the heart of Waverly, Tennessee
EXECUTIVE SUMMARY
Welcome to this great commercial opportunity in the heart of Waverly, Tennessee! This prime property, boasting 13,734 sqft, is a versatile investment with a strategic location right off the town square. On the street level, you will find two tenants (jeweler and salon) and a vacant space perfect for an owner occupant or an investor looking to create income. The spacious upstairs, which was once home to a gymnastics and dance studio, is now utilized as an art studio. Mini-splits were added throughout the main building in 2020, and the roof was resurfaced on the main building in 2020 and is under warranty. A warehouse behind the main building offers 1,800 sqft of additional space. If you are looking for a space that offers convenience, this property delivers with ample on-street parking for clients and visitors. Don't miss out on this opportunity to be part of the growing downtown Waverly community! Both properties are also listed separately 114 N church st. MLS# 2794152 and 106 W Rogers St MLS# 2794736.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
13,762 SF
Building Class
C
Year Built/Renovated
1910/2000
Price
$525,000
Price Per SF
$38.15
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,881 SF
Building FAR
1.58
Lot Size
0.20 AC
Zoning
Commercial
AMENITIES
- Restaurant
- Central Heating
- High Ceilings
- Reception
- Shower Facilities
- Hardwood Floors
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 064H-G-002.00 | Improvements Assessment | $129,000 |
| Land Assessment | $18,240 | Total Assessment | $147,240 |
