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506 College St W 4,480 SF 100% Leased Office Building Fayetteville, TN 37334 $500,000 ($111.61/SF)
Investment Highlights
- Downtown Fayetteville location just steps from the historic town square.
- Existing tenant mix provides in-place income with additional leasing potential.
- Dedicated on-site parking supports tenants, customers, and visitors.
- Configured with eight separate commercial spaces for flexible occupancy.
- Three vacant spaces offer opportunities for owner occupancy or future lease-up.
- Frontage along College Street provides visibility and convenient access through the downtown business district.
Executive Summary
Prime commercial property located just steps from the square! Featuring 8 separate spaces total, this high-potential asset offers immediate cash flow with 5 units currently leased and 3 units available for immediate lease-up or owner occupancy.? All spaces are on one master meter for water and power.? Contact listing agent today for rent roll details, lease terms, and showing instructions.?
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,480 SF
Building Class
C
Year Built
1966
Price
$500,000
Price Per SF
$111.61
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,240 SF
Building FAR
0.60
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C3
Parking
10 Spaces (2.23 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Poole's Pest Control
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Poole's Pest Control | Services | - | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 079F-B-006.00 | Improvements Assessment | $60,400 |
| Land Assessment | $14,800 | Total Assessment | $75,200 |
Property Taxes
Parcel Number
079F-B-006.00
Land Assessment
$14,800
Improvements Assessment
$60,400
Total Assessment
$75,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
506 College St W