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103 Garland St 1,125 SF Office Building Greenfield, TN 38230 $79,000 ($70.22/SF)
INVESTMENT HIGHLIGHTS
- Charming commercial building with flexible layout ideal for retail, office, or service-based businesses also in high traffic area
- Prime downtown location with high visibility, great curb appeal, and front-and-back private parking.
- Recent upgrades include new roof, 200 amp service, central HVAC, and a fresh interior addition.
- Strong investment potential and versatile space for multiple commercial uses.
EXECUTIVE SUMMARY
This versatile commercial property offers a prime opportunity for investors or owner-occupants seeking a well-located space in downtown Greenfield. The building has been leased for one year at $750.00 per month, providing immediate rental income and cash flow stability. With recent upgrades including a new roof, 200 amp electrical service, and central HVAC, the property is move-in ready and adaptable for various business uses.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$8,700
|
$7.73
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $8,700 |
| Annual Per SF | $7.73 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,125 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
$79,000
Price Per SF
$70.22
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,125 SF
Building FAR
0.37
Lot Size
0.07 AC
Zoning
O - Office Zoning
Parking
5 Spaces (4.44 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sachs Thrift Avenue
- Retailer
- -
- -
- Plus Utilities
- Jul 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sachs Thrift Avenue | Retailer | - | - | Plus Utilities | Jul 2026 |
1 1
PROPERTY TAXES
| Parcel Number | 155D-B-027.00 | Improvements Assessment | $19,600 |
| Land Assessment | $1,320 | Total Assessment | $20,920 |
PROPERTY TAXES
Parcel Number
155D-B-027.00
Land Assessment
$1,320
Improvements Assessment
$19,600
Total Assessment
$20,920
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Presented by
Tennessee Real Estate Company
103 Garland St
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