Retail Property For Sale
10686 Hwy 109 N
10686 Hwy 109 N, Lebanon, TN 37087
- Price: $1,900,000
- Building Size: 14,195 SF
- Price/SF: $133.85
- Property Type: Retail
- Property Sub-type: Service/Gas Station
- Property Use Type: Investment
- Distressed: Yes
- Commission Split: 4%
- Cap Rate: 9.50%
- Occupancy: 80%
- Tenancy: Multiple
- Lot Size: 1.30 AC
Last Verified 9/18/2009 Listing ID 16383668
Description
Auto shop is owner op. but will lease. Equipment is negotiable in sale and still under warranty. Also 2 apartments + upstairs office/apt. Furniture negotiable.
3 seperate businesses, one location in high traffic count area. Auto repair shop w/ 11 bays, paint & body shop, convenience store (with kitchen for catering or resturaunt), leased storage units and cabinet shop with a granite counter top co. property appraised for $3,425,000 in Aug. 2008. Additional income via billboard on property. All offers to be accompanied with pre-approval letter. Motivated Sellers, bring all offers!
I-40 to Hwy 109 toward Gallatin, property on left before crossing Cumberland river.
Presented by
Keller Williams
Request additional information
Jeff Pate (615) 525-5719 www.teampate.com
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