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Multi-Purpose Industrial | For Sale or Lease 104 Monterey st 60,000 SF Industrial Building Cowan, TN 37318 $1,550,000 ($25.83/SF)

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INVESTMENT HIGHLIGHTS

  • Strategic Location | Direct access to US Route 41A and 12 miles from I-24 | Adjacent to CSX and Norfolk Southern rail lines
  • High-Speed Connectivity Infrastructure | Fiber optic lines enable access to ultra-high-speed | Ideal for tech-driven operations
  • Rail Access | Direct adjacency to existing rail infrastructure, potential to add a dedicated rail spur | Additional rail spur ¾ mile from property
  • Quality Construction | Built in the 1930s with robust concrete, steel, and heavy timber framing | Well-suited for heavy industrial applications
  • Industrial Appeal | Zoned for Heavy Manufacturing
  • Event Venue Income-Generating Potential | 2nd floor original hardwood floors, high ceilings, abundant natural light

EXECUTIVE SUMMARY

SVN | Second Story is pleased to present to the market for sale or lease a ±60,000 SF multi-purpose industrial facility with unique event or tenant space on the second floor. Located at 104 Monterey Street in Cowan, Tennessee, the property sits adjacent to the CSX and Norfolk Southern rail lines with immediate access to US Route 41A and just 12 miles west of Interstate 24—offering exceptional connectivity for logistics and distribution.
The facility spans two floors and offers three distinct ±20,000 SF spaces. The first floor comprises two adjoining ±20,000 SF areas, ideally suited for manufacturing, warehousing, or distribution operations. The second floor features original heavy hardwood flooring, high ceilings, and abundant natural light, making it a distinctive venue for special events or potential tenant use.
This offering presents a rare opportunity for an owner-user seeking both operational efficiency and income-generating potential. Zoned for Heavy Manufacturing, the site is positioned to accommodate a wide range of industrial uses, and the region’s recognition—having been a finalist for Nokian Tyres’ U.S. site selection—underscores Cowan’s industrial viability.
Surrounded by natural beauty and a supportive small-town community, this versatile property blends historic character with modern functionality—making it an ideal platform for long-term business growth in Southern Middle Tennessee.

PROPERTY FACTS

Price $1,550,000
Price Per SF $25.83
Sale Type Owner User
Sale Conditions
Lease Option
  • High Vacancy Property
Property Type Industrial
Property Subtype
Manufacturing
  • OfficeLoft Creative Space
  • Office Telecom Hotel Data Hosting
  • Flex Telecom Hotel Data Hosting
Building Class C
Lot Size 1.68 AC
Rentable Building Area 60,000 SF
No. Stories 2
Year Built 1930
No. Dock-High Doors/Loading 4
Zoning M - Heavy Manufacturing

AMENITIES

  • Signage

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 1
  • 20,000-40,000 SF
  • Industrial
  • -
  • Now

- Size & Flexibility: 60,000 sqft total, divisible into three 20,000 sqft spaces to suit your operational needs. - Construction: Built in the 1930s with durable concrete, steel, and heavy hardwood flooring, ideal for high-capacity operations. - Ceiling Heights: Ranging from 8.5 ft to 16 ft, accommodating diverse industrial applications. 2nd Floor has 8.5ft ceiling heights on the sides and 16ft ceiling height in the center. 1st Floor has 8.5ft ceiling heights throughout with some spots ceiling heights close to 12ft. - Access Points: Four large bay doors for streamlined logistics and operations. -Power: Equipped with three-phase power to support heavy machinery and manufacturing. This electrical power comes from Duck River Electric (TVA) and may qualify for certain State programs. -Utilities: Elk River Utilities is the provider for Water and Sewer for the site. The building also has Natural Gas.

  • 2nd Floor
  • 20,000 SF
  • Industrial
  • -
  • Now

- Size & Flexibility: 60,000 sqft total, divisible into three 20,000 sqft spaces to suit your operational needs. - Construction: Built in the 1930s with durable concrete, steel, and heavy hardwood flooring, ideal for high-capacity operations. - Ceiling Heights: Ranging from 8.5 ft to 16 ft, accommodating diverse industrial applications. 2nd Floor has 8.5ft ceiling heights on the sides and 16ft ceiling height in the center. 1st Floor has 8.5ft ceiling heights throughout with some spots ceiling heights close to 12ft. - Access Points: Four large bay doors for streamlined logistics and operations. -Power: Equipped with three-phase power to support heavy machinery and manufacturing. This electrical power comes from Duck River Electric (TVA) and may qualify for certain State programs. -Utilities: Elk River Utilities is the provider for Water and Sewer for the site. The building also has Natural Gas.

Space Size Space Use Condition Available
1st Fl - 1 20,000-40,000 SF Industrial - Now
2nd Floor 20,000 SF Industrial - Now

1st Fl - 1

Size
20,000-40,000 SF
Space Use
Industrial
Condition
-
Available
Now

2nd Floor

Size
20,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 1

Size 20,000-40,000 SF
Space Use Industrial
Condition -
Available Now

- Size & Flexibility: 60,000 sqft total, divisible into three 20,000 sqft spaces to suit your operational needs. - Construction: Built in the 1930s with durable concrete, steel, and heavy hardwood flooring, ideal for high-capacity operations. - Ceiling Heights: Ranging from 8.5 ft to 16 ft, accommodating diverse industrial applications. 2nd Floor has 8.5ft ceiling heights on the sides and 16ft ceiling height in the center. 1st Floor has 8.5ft ceiling heights throughout with some spots ceiling heights close to 12ft. - Access Points: Four large bay doors for streamlined logistics and operations. -Power: Equipped with three-phase power to support heavy machinery and manufacturing. This electrical power comes from Duck River Electric (TVA) and may qualify for certain State programs. -Utilities: Elk River Utilities is the provider for Water and Sewer for the site. The building also has Natural Gas.

2nd Floor

Size 20,000 SF
Space Use Industrial
Condition -
Available Now

- Size & Flexibility: 60,000 sqft total, divisible into three 20,000 sqft spaces to suit your operational needs. - Construction: Built in the 1930s with durable concrete, steel, and heavy hardwood flooring, ideal for high-capacity operations. - Ceiling Heights: Ranging from 8.5 ft to 16 ft, accommodating diverse industrial applications. 2nd Floor has 8.5ft ceiling heights on the sides and 16ft ceiling height in the center. 1st Floor has 8.5ft ceiling heights throughout with some spots ceiling heights close to 12ft. - Access Points: Four large bay doors for streamlined logistics and operations. -Power: Equipped with three-phase power to support heavy machinery and manufacturing. This electrical power comes from Duck River Electric (TVA) and may qualify for certain State programs. -Utilities: Elk River Utilities is the provider for Water and Sewer for the site. The building also has Natural Gas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077M-A-019.00
Land Assessment
$8,360 (2024)
Improvements Assessment
$380,240 (2024)
Total Assessment
$388,600 (2024)
  • Listing ID: 35600139

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 104 Monterey st, Cowan, TN 37318

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