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115 W Webster (Industrial 10k SF) 115 W Webster St
10,584 SF Industrial Building Madison, TN 37115 $1,100,000 ($104/SF)
Executive Summary
Currently used as Industrial/Warehouse. Zoned CS - Commercial Services.
The rear 10,584 SF portion on the northside at 115 W Webster Street has 2 small buildings (5183 SF and 5400 SF) with a connected opening on shared interior wall. Sits on 1.25 +/- Acres with nice a fenced Rear Yard and portions are located inside the floodplain. They are older and in rougher shape, but the 5183 SF has very high ceilings (17+??) where current user is parking backhoes inside, and the other 5400 and 672 SF has low ceilings. Includes a Huge Fenced Yard covering at least 0.34 acre which could be expanded. The 10,584 building is used to store backhoes and Dirt Dump trucks and parking lot is gravel, so not super clean. 3 Drive-in Doors.
Asking $125,000 per year NNN (tenant pays property taxes and fire insurance).
Or Possible SALE for $1.1 million.
Significant additional adjacent land also available for lease for additional cost.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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 | $1,100,000 | Rentable Building Area | 10,584 SF |
| Price Per SF | $104 | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1965/1985 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.89/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.35 AC |
| Price | $1,100,000 |
| Price Per SF | $104 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.35 AC |
| Rentable Building Area | 10,584 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/1985 |
| Tenancy | Single |
| Parking Ratio | 0.89/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
HARD TO FIND INDUSTRIAL PROPERTY FOR LEASE in Nashville close to downtown. The 11,256 SF is made of 2 small buildings (5183 SF with a 672 SF attached and 5400 SF) with a connected opening inside. Sits on 1.25 Acres with nice a fenced Rear Yard and portions are located inside the floodplain. They are older and in rougher shape, but the 5183 SF has has very high ceilings (17+??) where the current user parks backhoes and the other 5400 and the 672 SF buildings have low ceilings.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 11,256 SF | Industrial | Shell Space | Now |
1st Floor
| Size |
| 11,256 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 11,256 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
HARD TO FIND INDUSTRIAL PROPERTY FOR LEASE in Nashville close to downtown. The 11,256 SF is made of 2 small buildings (5183 SF with a 672 SF attached and 5400 SF) with a connected opening inside. Sits on 1.25 Acres with nice a fenced Rear Yard and portions are located inside the floodplain. They are older and in rougher shape, but the 5183 SF has has very high ceilings (17+??) where the current user parks backhoes and the other 5400 and the 672 SF buildings have low ceilings.
PROPERTY TAXES
| Parcel Number | 051-04-0-067 | Improvements Assessment | $791,100 |
| Land Assessment | $220,500 | Total Assessment | $1,011,600 |
PROPERTY TAXES
zoning
| Zoning Code | CS (CS - general commercial including warehouse storage) |
| CS (CS - general commercial including warehouse storage) |
Presented by
115 W Webster (Industrial 10k SF) | 115 W Webster St
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