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107-109 W Pleasant Ave 9,464 SF 100% Leased Office Building Covington, TN 38019 $675,000 ($71.32/SF)
INVESTMENT HIGHLIGHTS
- Own a piece of history with three distinct spaces in Covington’s vibrant Downtown Square.
- This property is ideal for an attorney or physician looking for a private office and/or residential split.
- Reach out to Ken for more information.
EXECUTIVE SUMMARY
3 Spaces, 2 Ground level, 107 and 109, and a 5,200 SF PENTHOUSE apartment upstairs.
Own a Piece of History in Covington’s Historic Downtown! This landmark property offers three distinct, income-ready spaces, with a standout PENTHOUSE APARTMENT that’s unlike any other in town. Key highlights for PENTHOUSE Apartment: Large Open Area Living, A dramatic 5,000+ SF Studio Residential Suite, 12-foot ceilings, Rich hardwood floors, Exposed brick walls, Panoramic views of the courthouse and Covington Square. Property Highlights: Retail space (ground-level): 2,000+ SF with a full basement, upstairs office overlooking the retail floor, two bathrooms, and a kitchenette. Additional flex space (ground-level): 2,000+ SF ideal for office or clinic use, featuring a welcoming reception area and two bathrooms. INVESTMENT POTENTIAL: Three distinct income streams from a single historic property. Standout studio living space that commands premium interest for tenants seeking character and skyline views. This Property is being sold "AS IS" Buyer must have inspections to purchase.
Own a Piece of History in Covington’s Historic Downtown! This landmark property offers three distinct, income-ready spaces, with a standout PENTHOUSE APARTMENT that’s unlike any other in town. Key highlights for PENTHOUSE Apartment: Large Open Area Living, A dramatic 5,000+ SF Studio Residential Suite, 12-foot ceilings, Rich hardwood floors, Exposed brick walls, Panoramic views of the courthouse and Covington Square. Property Highlights: Retail space (ground-level): 2,000+ SF with a full basement, upstairs office overlooking the retail floor, two bathrooms, and a kitchenette. Additional flex space (ground-level): 2,000+ SF ideal for office or clinic use, featuring a welcoming reception area and two bathrooms. INVESTMENT POTENTIAL: Three distinct income streams from a single historic property. Standout studio living space that commands premium interest for tenants seeking character and skyline views. This Property is being sold "AS IS" Buyer must have inspections to purchase.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,464 SF
Building Class
C
Year Built
1900
Price
$675,000
Price Per SF
$71.32
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,732 SF
Building FAR
1.98
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
2 Spaces (0.21 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Air Conditioning
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $103,320 | |
| Land Assessment | $9,200 | Total Assessment | $112,520 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,200
Improvements Assessment
$103,320
Total Assessment
$112,520
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107-109 W Pleasant Ave
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