Property Description

Excellent Income-Producing Commercial Investment Offered at $800,000, this 7,000-square-foot commercial building is situated on 2.15 acres within the Ardmore, TN, city limits, just off Highway 53. The property features four approximately 1,750-square-foot bays, 3 equipped with commercial overhead doors, private offices, restrooms, individual HVAC systems, and separately maintained utilities. Three bays are currently leased under annual agreements, generating $$$ per month. The fourth bay is available and projected to generate $$$ per month. At full occupancy, the property offers potential gross rental income of $$$ annually. Additional features include three-phase electrical service, city sewer, concrete and gravel drive areas, and a metal roof with no reported leaks. Tenants are responsible for utilities, trash, and the first $1,000 of applicable maintenance expenses. This property presents an outstanding investment opportunity with established income and additional leasing potential.