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416 E North St 7,300 SF 100% Leased Retail Building Sweetwater, TN 37874 $750,000 ($102.74/SF)
Executive Summary
Great investment opportunity in growing downtown Sweetwater. 2 of the units are occupied by the owners, The Catering Connection, All kitchen equipment can be purchased for an additional $40,000.00 and Entire Catering Business with all physical equipment and intellectual property included for $250,000.00. All units currently leased /occupied. The detached Garage in the back of the building currently leased by owner as well. Fully leased out at market rates the building should bring in excess of $7000.00 month.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,300 SF
Building Class
C
Year Built
1965
Price
$750,000
Price Per SF
$102.74
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.40 AC
Zoning
C-4 - Local General Commercial District
Parking
30 Spaces (4.11 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 023L-A-014.02 | Improvements Assessment | $90,640 |
| Land Assessment | $48,360 | Total Assessment | $139,000 |
Property Taxes
Parcel Number
023L-A-014.02
Land Assessment
$48,360
Improvements Assessment
$90,640
Total Assessment
$139,000
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416 E North St
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