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1625 N Lindell St

68,954 SF Retail Building Martin, TN 38237 $795,000 ($12/SF)

Investment Highlights

  • Prime location with prominent road frontage.
  • Comes with newly installed roof and metal siding. New Glass Front Entry.

Executive Summary

This building in located within the city limits of Martin, TN, a college town with approx. 8,500 students. Originally built by Wal-Mart. Lots of space and adaptable to retail, distribution and many other uses. Inside area is 230 ft. x 180 ft. Parking lot has 226 spaces. Additionally, there are entrance (720 sq. ft.) and garden areas (2,645 sq ft.) Equipped with a new roof and Exterior Metal Siding.
The property fronts along Lindell St. for approx. 293 ft. and extends along Weldon Dr. for approx. 625 ft. A local bank owns an outparcel in the southeast corner measuring 150 x 200 ft.. Approximately 4.8 acres. Very close to Hwy. 22 and Hwy 45 and connections to the interstate system. Within 60 miles of Jackson, TN and Paducah, KY

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
68,954 SF
Building Class
C
Year Built
1974
Price
$795,000
Price Per SF
$12
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Land Acres
5.00 AC
Zoning
CS - Commercial services zoning. Former Walmart Building. New Roof. Newly remodeled Glass front Entry.
Parking
100 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
1,269 FT on North Lindell Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 057L-B-007.04
  • 057L-B-007.06
Land Assessment
$46,400
Improvements Assessment
$70,080
Total Assessment
$116,480
  • Listing ID: 3794209

  • Date on Market: 7/10/2013

  • Last Updated:

  • Address: 1625 N Lindell St, Martin, TN 38237

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