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Listed by Gary Baucom • McEwen Group
$ 949,000
Est. payment /mo
Active
1223 Hatcher Ln Columbia, TN 38401
3,354 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,354 sqft
Price per Sqft $282
MLS Listing ID 2963417
Year Built 1984
Lot Size 10,890 Sqft
Property Sub-Type Office
Property Description
Discover a smart investment in the heart of historic Columbia, Tennessee. This 3,400 sq ft commercial building, set on a quarter-acre lot, is an exceptional opportunity for investors seeking stability and growth.
The property boasts three units, currently occupied by two reliable medical tenants, with two units thoughtfully combined to accommodate one practice.
Benefit from current annual rents exceeding $50,000, with clear potential to increase your return to a desirable 7-10% cap rate.
Please arrange showings through the listing agent. To ensure a smooth experience for the existing medical practices, appointments outside of regular business hours are preferred.
The property boasts three units, currently occupied by two reliable medical tenants, with two units thoughtfully combined to accommodate one practice.
Benefit from current annual rents exceeding $50,000, with clear potential to increase your return to a desirable 7-10% cap rate.
Please arrange showings through the listing agent. To ensure a smooth experience for the existing medical practices, appointments outside of regular business hours are preferred.
Location
State TN
County Maury County
Zoning Commercial
Interior
Fireplace N