538 S Center St - Office FOR SALE


Collierville, TN 38017
$499,000 USD
901-282-6312
538 S Center St, Collierville, TN for Sale
$499,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

538 S Center St
Collierville, TN 38017


OVERVIEW

New Price! Great opportunity to own a corner commercial property, located at the intersection of Center Street and Starlight Drive in Collierville, TN. This property is just blocks from the Collierville Town Square and Highway 72 with great access to I-385. At least 12 off-street parking spaces available. Property was extensively remodeled in 2023 with over $266,000 worth of improvements. Property has new paint, landscaping, drainage, and is ready for a new owner! Parcel is .746 acres and large enough to carve out a separate parcel. The zoning is General Commercial which allows for multiple uses, including a live/work scenario. Property is currently being used as a live/work use with pet grooming/boarding and owner living in upper apartment. Upper apartment is fresh, unique, and offers a living area complete with kitchen, two bedrooms, and a large bathroom/laundry area. Must see to be appreciated.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,504 SF

ZONING

GC

APN/PARCEL ID

C0-244-A-00042

ASK ABOUT THIS PROPERTY

Cathy AndersonCrye-Leike CommercialMore Info
901-282-6312

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Cathy AndersonCrye-Leike CommercialMore Info
901-282-6312

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