23 Heritage Sq
23,200 SF Retail Building Jackson, TN 38305 $875,000 ($37.72/SF)
INVESTMENT HIGHLIGHTS
- Showroom / Warehouse in Central Location 1/2 mile south of Interstate 40 Exit 80
- Owner Occupant opportunities to occupy 1 portion and lease out balance as needed.
- Retail Sales and Service with Truck dock access.
- Space can be subdivided for Multiple Tenant options.
- Showroom and Warehouse options Battery / Parts / Construction Supply Lots of options
- Large Lot for Retail Traffic or Truck Access .
EXECUTIVE SUMMARY
Investment Opportunity for Owner Occupant or Investor. Great Flex facility 23,200 Sq Ft Retail / Showroom & Warehouse 1 mile from Interstate 40 and Exit 82. Convenient to all of West Tennessee. Can be subdivided into 5 Potential Flex Spaces. 15,000 Showroom or 3 (5000 SqFt bays +-) and a separate 3200 SqFt warehouse. Appx 8,200 SqFt of Warehouse. 14' Eve with Roll up door access and a Truck Dock in the 3200 Sq Ft. Warehouse Building. Bar and Lounge is current Tenant Month to Month in the 5000 Sq Ft. NE portion pays $3,500.00 month MG.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,200 SF
Building Class
C
Year Built
1976
Price
$875,000
Price Per SF
$37.72
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.41
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
Commercial - B-4 City Business Zone.
Parking
50 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
164’ on Heritage Sq
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 055O-A-001.02 | Improvements Assessment | $210,120 |
| Land Assessment | $52,400 | Total Assessment | $262,520 |
