406 N Irish St - Warehouse FOR SALE


Greeneville, TN 37745
$1,975,000 USD
865-806-9003
406 N Irish St, Greeneville, TN for Sale
$1,975,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

406 N Irish St
Greeneville, TN 37745


OVERVIEW

Own a piece of history! Magnavox opened the Greeneville Cabinet Company in the 1940’s. Now, the real estate is available for sale for less than $12 per square foot. The property consists of 167,197 square feet over two buildings. The main building has 3 stories with loading doors on each level. The buildings are located on 5.33 acres in Greeneville, TN. There are 7 dock doors, 6 drive-in doors, and ceiling heights range mostly from 9’ – 14’. The main building has heavy electrical, newer roof (EPDM ~ 10 years old, TPO ~ 8 years old), and a dry sprinkler system with 6 of the 7 risers being recently rebuilt. Approximately 74,000 square feet are leased to multiple tenants. This generates over $130,000 ($1.80/SF) in gross income. Roughly 35% of the rented square footage consists of month-to-month tenants. This allows an investor or owner/occupant an excellent opportunity to increase the property’s rental income or make more space available for their own use. Seller will consider owner financing.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1944

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

5.33

LAND SF

232,175

ZONING

M2 & R3

APN/PARCEL ID

098D-D-019.00

ASK ABOUT THIS PROPERTY

James Roberson SIOR, CCIMNAI Koella | RM MooreMore Info
865-806-9003

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James Roberson SIOR, CCIMNAI Koella | RM MooreMore Info
865-806-9003

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