107-109 W Pleasant Ave - Loft/Creative Space FOR SALE


Covington, TN 38019
$575,000 USD
901-219-0262
107-109 W Pleasant Ave, Covington, TN for Sale
$575,000 USD
Loft/Creative Space - FOR SALE
1/61
null | Request Cap Rate

107-109 W Pleasant Ave
Covington, TN 38019


HIGHLIGHTS

  • Own a piece of history with three distinct spaces in Covington’s vibrant Downtown Square.
  • Reach out to Ken for more information.
  • This property is ideal for an attorney or physician looking for a private office and/or residential split.

OVERVIEW

3 Spaces, 2 Ground level, 107 and 109, and a 5,200 SF PENTHOUSE apartment upstairs. Own a Piece of History in Covington’s Historic Downtown! This landmark property offers three distinct, income-ready spaces, with a standout PENTHOUSE APARTMENT that’s unlike any other in town. Key highlights for PENTHOUSE Apartment: Large Open Area Living, A dramatic 5,000+ SF Studio Residential Suite, 12-foot ceilings, Rich hardwood floors, Exposed brick walls, Panoramic views of the courthouse and Covington Square. Property Highlights: Retail space (ground-level): 2,000+ SF with a full basement, upstairs office overlooking the retail floor, two bathrooms, and a kitchenette. Additional flex space (ground-level): 2,000+ SF ideal for office or clinic use, featuring a welcoming reception area and two bathrooms. INVESTMENT POTENTIAL: Three distinct income streams from a single historic property. Standout studio living space that commands premium interest for tenants seeking character and skyline views. This Property is being sold "AS IS" Buyer must have inspections to purchase.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,769 SF

ZONING

Commercial

APN/PARCEL ID

084041C M 00900,084041C M 01000

ASK ABOUT THIS PROPERTY

Ken PatrickCollier RealtorsMore Info
901-219-0262

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Ken PatrickCollier RealtorsMore Info
901-219-0262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.