Liberty Square | 201-207 E Lafayette St
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Liberty Square 201-207 E Lafayette St
26,651 SF 85% Leased Office Building Jackson, TN 38301 $4,906,000 ($184/SF) 7.50% Cap Rate
Investment Highlights
- 29,651 SF historic building
- 3 Commercial Units
- Opportunity Zone
- Built in 1920
- 10 Residential Units
Executive Summary
Discover an exceptional investment opportunity in the thriving retail scene of Jackson, TN. This beautifully renovated 29,651 SF building, originally built in 1920, features three commercial units and ten residential units, offering four distinct spaces, each with significant potential for retail and lifestyle ventures. With a remarkable 100% occupancy rate, this property stands as a model of stability and income generation. Its blend of historic charm and modern amenities creates an inviting environment for retailers and lifestyle businesses. With an emphasis on lasting appeal and strong rental income, this property represents an attractive investment for those looking to enter Jackson's growing market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
26,651 SF
Building Class
C
Year Built/Renovated
1920/1969
Price
$4,906,000
Price Per SF
$184
Cap Rate
7.50%
NOI
$367,950
Percent Leased
85%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,884 SF
Building FAR
2.96
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
CS - Commercial services zoning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 205
- 4,000 SF
- Office
- Full Build-Out
- Now
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 205 | 4,000 SF | Office | Full Build-Out | Now |
1st Fl-Ste 205
Size |
4,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
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PROPERTY TAXES
Parcel Number | 078P-N-008.00 | Improvements Assessment | $454,920 |
Land Assessment | $16,960 | Total Assessment | $471,880 |
PROPERTY TAXES
Parcel Number
078P-N-008.00
Land Assessment
$16,960
Improvements Assessment
$454,920
Total Assessment
$471,880
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Liberty Square | 201-207 E Lafayette St
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