338 Highway 434
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338 Highway 434
2,500 SF Retail Building Cumberland City, TN 37050 $350,000 ($140/SF)
Investment Highlights
- Small Town Setting Yet Located In A High Traffic Area
- Fiber Optic Internet
- Modern and Updated Exterior.
Executive Summary
This fully renovated commercial property offers exceptional value and versatility. Located just minutes from major corporations like TVA, Georgia Pacific, and Kauffman Engineering, it provides excellent accessibility and exposure due to its high-traffic location. The building provides ample space to accommodate up to three separate businesses or can be used for storage, office, and retail space. This property is ideal for entrepreneurs and established companies. Recent upgrades in 2021 and 2023 include stylish tile floors, durable waterproof vinyl plank flooring, warm tongue-and-groove wood accents, and a new HVAC system for optimal comfort and efficiency. Enjoy the convenience of a large, well-maintained parking lot. The property features a durable concrete slab roof and a fresh coat of paint, showcasing a modern and updated exterior.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,306
|
$0.52
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,306 |
| Annual Per SF | $0.52 |
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
1971
Price
$350,000
Price Per SF
$140
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
Commercial - Zoned Commercial, Unrestricted
Parking
18 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
125 FT on Tn-434 Hwy
Amenities
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 123-014.00 | Improvements Assessment | $40,600 (2023) |
| Land Assessment | $1,600 (2023) | Total Assessment | $42,200 (2023) |
PROPERTY TAXES
Parcel Number
123-014.00
Land Assessment
$1,600 (2023)
Improvements Assessment
$40,600 (2023)
Total Assessment
$42,200 (2023)
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338 Highway 434
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