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Retail Center Westmoreland For Sale 5204 Highway 31 E

5,628 SF Retail Building Westmoreland, TN 37186 $1,250,000 ($222/SF)

Retail Buildings Tennessee Westmoreland 5204 Highway 31 E, Westmoreland, TN 37186

Investment Highlights

  • First retail center top of the hill in Westmoreland
  • Growing community

Executive Summary

Just as you top the hill to Westmoreland on Hwy 31E is the first retail center which includes subway, Easy Cheesy Pizza, Grill on the Hill, and a Liquor Store (Hilltop Wine and Liquors) business that can be sold with the property. Everyone knows this is the place to go in Westmoreland. Great location, just down from the traffic light, across from Hardee's and just down from Taco Bell. Purchase this property and there is an upside to the rents to increase the ROI. Included is a billboard lease and a storage building to lease. Westmoreland is growing with a large Lennar development up and out of ground. Growth equates to Real Estate properties rising. Get in on your investment early and enjoy the future gains. Most leases are month to month - giving good upside. Call for Rent Rolls
DO NOT VIEW WITHOUT BROKER PRESENT - AND DO NOT DISTURB OR DISCUSS WITH TENANTS

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,628 SF
Year Built
1976
Price
$1,250,000
Price Per SF
$222
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.93 AC
Parking
18 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
162 FT on U.S. 31E
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PROPERTY TAXES

Parcel Number 045-067.02 Improvements Assessment $117,400
Land Assessment $7,200 Total Assessment $124,600

PROPERTY TAXES

Parcel Number
045-067.02
Land Assessment
$7,200
Improvements Assessment
$117,400
Total Assessment
$124,600
(615) 452-9080

Contacts

  • Chris Helson
    Chris Helson
  • Steve Moor
    Steve Moor
  • RCH Properties

  • Listing ID: 33357733

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 5204 Highway 31 E, Westmoreland, TN 37186

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5204 Highway 31 E, Westmoreland, TN for sale Building Photo- Image 6 of 7
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Retail Center Westmoreland For Sale | 5204 Highway 31 E
(615) 452-9080 x

Retail Center Westmoreland For Sale | 5204 Highway 31 E

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Chris Helson

(615) 452-9080

(615) 452-9080

Steve Moor

(615) 955-0968

(615) 955-0968

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