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White Hotel 1 Public Square Red Boiling Springs Sq 27,000 SF 100% Leased Flex Building Lafayette, TN 37083 $599,900 ($22.22/SF)
Executive Summary
Positioned directly on Lafayette Public Square, This versatile property, in a fast growing area, offers roughly 27,000 sq ft of blank canvas ideal for a hotel, storage units, restaurant, retail, office, or other commercial use, with potential for an owner-user to operate a business while generating additional income through leasing or subleasing. Check with city for other potential uses. Located near the police department with public parking directly in front, the property benefits from exceptional visibility and steady traffic surrounding the square. Based on TDOT traffic data, the area attracts approximately 5,100–7,300 vehicles per day - that is an average of roughly 210–305 vehicles per hour over a 24-hour period. With Lafayette experiencing continued population growth and ongoing opportunities for downtown investment and development, this property offers an excellent opportunity to capitalize on the city's long-term commercial potential. CONTACT TEAM AGENT Eleissa Brown DIRECTLY WITH QUESTIONS @615-964-0900. Seller can accept any offer at any time. Any offers received on weekends or holidays will be presented the next business day. Buyer to verify sq ft, schools and all pertinent information. All Offers on TAR RF401 w/ lender letter & attached cover form. Email offers to eleissa@berniegallerani.com
Property Facts
| Price | $599,900 | Lot Size | 0.30 AC |
| Price Per SF | $22.22 | Rentable Building Area | 27,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Flex | Year Built | 1940 |
| Property Subtype | Showroom | Parking Ratio | 0.3/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $599,900 |
| Price Per SF | $22.22 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 27,000 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Parking Ratio | 0.3/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 059B-H-005.00 | Improvements Assessment | $79,840 |
| Land Assessment | $22,000 | Total Assessment | $101,840 |
Property Taxes
Parcel Number
059B-H-005.00
Land Assessment
$22,000
Improvements Assessment
$79,840
Total Assessment
$101,840
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