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1441 N Market St

6,300 SF 100% Leased Office Building Dayton, TN 37321 $1,385,000 ($220/SF)

Investment Highlights

  • 50 Free Surface spaces within walking distance.

Executive Summary

Discover this stunning tri-level building in the heart of downtown Dayton, steeped in history and ideally located adjacent the historic courthouse square. Originally constructed in 1924 as a bank, this iconic structure combines timeless architectural charm with modern upgrades with a total remodel in 2020, creating an inviting and sophisticated space. The building is home to two established, long-term tenants, offering both stability and character.
In 1956, third-floor office suites were added, expanding the potential for future tenants or business opportunities. With endless possibilities, this property could be transformed into a boutique hotel, restaurant, or prime office space.
The second level is the crown jewel of this building, featuring a luxurious suite with
stunning view of courthouse square through an oversized arched window! The second floor offers approximately 762 SF of rentable space, with an estimated annual income potential of $14,000 to $15,000.
Located in Dayton's Historic District, this building qualifies for annual grants for exterior improvements, including windows, doors, awnings, and paint, further enhancing its appeal and value. Don't miss out on this rare opportunity to own a piece of Dayton's rich history.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,300 SF
Building Class
B
Year Built
1924
Price
$1,385,000
Price Per SF
$220
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,100 SF
Building FAR
1.45
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
089L-C-012.00
Land Assessment
$9,360
Improvements Assessment
$64,120
Total Assessment
$73,480
  • Listing ID: 32569136

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 1441 N Market St, Dayton, TN 37321

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