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204 S College St

3,451 SF 100% Leased Office Building Trenton, TN 38382 $88,900 ($26/SF) 25% Cap Rate

Investment Highlights

  • On street and off street parking.
  • In a great location being so close to so many businesses.
  • Versatile floorplan!

Executive Summary

Prime commercial property in a desirable location, just steps away from the newly revitalized downtown Trenton Square with restaurants, retail stores, and so much more providing convenience for staff, customers, clients, and everyone alike. Also, this building is currently eligible to receive funds from the Trenton Downtown Facade Grant, helping to give you an excellent opportunity to make this property what you want it to be! Now is your opportunity to own this 3,451 sq. ft. versatile commercial property in the heart of vibrant downtown Trenton, the county seat. Potential is great for new and existing businesses with being an ideal spot for a variety of businesses. Income potential is substantial with this being a unique property due to the floorplan offering great versatility with having individual offices, offices that join each other, and a waiting room area with connected offices, public restrooms and what could be a private full bath. There is a variety of ways this building could be used with having 18 different offices/rooms and 5 of those have sinks, 2 utility closets, 2 half baths, 1 full bath, and off street and on street parking. This property is ready for you! Don't miss out on this exceptional opportunity to secure a versatile commercial space in a vibrant and desirable downtown area. Call Connie Sansing @ 731-796-0057 or EXIT Realty Blues City @ 731-554-3948 today! This property is currently vacant and has been for multiply years.

Attachments

Zoning facts

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
3,451 SF
Building Class
B
Year Built
1963
Price
$88,900
Price Per SF
$26
Cap Rate
25%
NOI
$22,225
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,451 SF
Zoning
B-3 Central Bus. Dis. Com - B-3 (Central Business) District--Retail Stores, Services, Churches 08-Commercial

Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
107D-F-013.00
Land Assessment
$4,800
Improvements Assessment
$8,160
Total Assessment
$12,960
  • Listing ID: 34128606

  • Date on Market: 12/8/2024

  • Last Updated:

  • Address: 204 S College St, Trenton, TN 38382

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