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$110,000
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215 WASHINGTON

Ripley, TN 38063

Lauderdale County

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MLS# 10216355
Active
15 Days on Market
Commercial
1940
Built
Knock-knock. Who's there? Opportunity! Well, come on in and let's make a deal. Priced below market value due to repairs needed but still a money maker at this price. The corner building has 1 current tenant ($400/month) and 2 vacant units in need of extensive repairs. Building 2 has a long-term tenant ($300/month). Building 3 has 3 current tenants ($800, $500, $300). Prospective buyers can walk the property and view exterior by appointment but showing of interiors limited to after offer is signed and accepted by all parties.

Features

Exterior & Lot

Foundation Conventional/Crawl Space, Slab, Storage Area, Walk-Out Basement
Lot Dimensions 2.6 acres

Financial

Annual Rent 27600
Annual City Tax $2,315
Annual County Tax $2,261

Neighborhood

Directions Located on Washington St in downtown Ripley. 3 parcels total, no sign. Tenant occupied.

Commercial Details

Number of Buildings 3
Usage Type Auto Service, Food Service, Office, Retail
Sale Includes Building and Land, No Furnishings
Road Frontage City Street
Parking Facility 1-15 Spaces, Asphalt/Blacktop, Gravel
Loading Door Height 6-8.9 Feet
Ceiling Height 8-10.9 Feet
Seating Capacity 1-10, 11-25
Roof Type Composition Shingles, Roll
Other Features Rest Rooms, Outside Lighting
Floor Covering Hardwood, Tile
Heating System Central, Electric
Cooling System Central Cooling, Individual Cooling
Hot Water Electric Hot Water, Public Sewer, Public Water
Contact Agent
Tamara Harrald
Tamara Harrald
Realtor
Epique Realty

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