372 S Jefferson St - Retail FOR SALE


Ripley, TN 38063
$240,000 USD
731-612-0804
372 S Jefferson St, Ripley, TN for Sale
$240,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

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372 S Jefferson St
Ripley, TN 38063


OVERVIEW

372 S Jefferson Street presents an opportunity to acquire a long-established commercial property in Ripley, the county seat of Lauderdale County, Tennessee. The property is improved with an office building configured for media and broadcasting operations and includes infrastructure that supports continued use as a radio station or adaptation for a variety of commercial applications. Existing improvements include multiple private offices, a control room, production space, a recording studio, utility area, restroom facilities, and on-site broadcast equipment. Positioned along South Jefferson Street, the property benefits from a location near Ripley's downtown business district, providing access to local government offices, community services, and established commercial activity. Ripley serves as the economic center of Lauderdale County and is situated along the U.S. Highway 51 corridor, offering regional connectivity throughout West Tennessee. The property's existing operational infrastructure, combined with its established presence within the community, creates a distinctive ownership opportunity for media operators, entrepreneurs, investors, or organizations seeking a specialized commercial facility. The site includes an on-site broadcast tower and equipment associated with WTRB Radio, a long-standing local media outlet. The combination of office improvements, specialized production areas, and broadcasting infrastructure offers functionality that would be difficult to replicate without significant investment. Whether maintained as a broadcasting operation or repositioned for another commercial use, the property provides an opportunity to acquire a recognizable business location within Ripley's commercial corridor.

FOR SALE DETAILS

PRICE

$240,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B2

APN/PARCEL ID

094M-A-002.00

ASK ABOUT THIS PROPERTY

Ryan WhitesideLankford RealtyMore Info
731-612-0804

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Ryan WhitesideLankford RealtyMore Info
731-612-0804

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