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1608 Madison St 14,300 SF 100% Leased Retail Building Shelbyville, TN 37160 $1,490,000 ($104.20/SF)
EXECUTIVE SUMMARY
PERFECT LOCATION! High-traffic area on Hwy 41A, just minutes from Downtown Shelbyville Square. This 14,300 +/- SF, commercial property is a rare find with endless potential! Suitable for a wide variety of businesses, including restaurant, sports bar, event space, retail, grocery store, liquor store, professional offices. Multipurpose Layout: Ideal for a strip center, restaurant, or any business requiring flexible space. Loading Dock for easy delivery and logistics. High Traffic & Visibility: Located at a busy four-way stop with a red light, ensuring maximum exposure for any business. This property is ideal for a variety of business ventures and offers a flexible leasehold improvement opportunity for customization. Whether you're looking to open a restaurant, event venue, retail space, or more, this building is ready for action!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,300 SF
Year Built
1986
Price
$1,490,000
Price Per SF
$104.20
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.39
Lot Size
0.84 AC
Zoning
Commercial - Commericial
Parking
45 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 090H-C-002.00 | Improvements Assessment | $142,120 |
| Land Assessment | $58,000 | Total Assessment | $200,120 |
PROPERTY TAXES
Parcel Number
090H-C-002.00
Land Assessment
$58,000
Improvements Assessment
$142,120
Total Assessment
$200,120
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1608 Madison St
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