120 N Spring St - Storefront Retail/Residential FOR SALE
Manchester, TN 37355 |
120 N Spring St
Manchester, TN 37355
HIGHLIGHTS
- Value-add retail space with four upstairs apartments situated in the heart of downtown Manchester, TN. (Home to Bonnaroo Music Festival)
- Exceptional location on the hard corner of N Spring Street and W Fort Street, and in proximity to major thoroughfares like Murfreesboro Hwy and I-24.
- Property is being delivered vacant and presents a new owner with immense upside through a strategic lease-up in an area with limited rental options.
- New roof installed in 2022 and new HVAC installed in 2022.
- Tennessee has become a hotspot for investing in the Southeast region as there is no state income tax.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Corner Lot Retail with Upstairs Apartments
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
5113
STORIES
2
YEAR BUILT
1940
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
076H-D-011.00
