120 N Spring St | Manchester, TN 37355
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- LoopNet Team
120 N Spring St
Manchester, TN 37355
Corner Lot Retail with Upstairs Apartments · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Value-add retail space with four upstairs apartments situated in the heart of downtown Manchester, TN. (Home to Bonnaroo Music Festival)
- Property is being delivered vacant and presents a new owner with immense upside through a strategic lease-up in an area with limited rental options.
- Tennessee has become a hotspot for investing in the Southeast region as there is no state income tax.
- Exceptional location on the hard corner of N Spring Street and W Fort Street, and in proximity to major thoroughfares like Murfreesboro Hwy and I-24.
- New roof installed in 2022 and new HVAC installed in 2022.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,113 SF
Building Class
C
Year Built
1940
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.00 AC
Parcel Number
076H-D-011.00
Zoning
C1
Frontage
40’ on Spring St
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