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538 S Center St 2,523 SF Office Building Collierville, TN 38017 $499,000 ($197.78/SF)
Executive Summary
New Price!
Great opportunity to own a corner commercial property, located at the intersection of Center Street and Starlight Drive in Collierville, TN. This property is just blocks from the Collierville Town Square and Highway 72 with great access to I-385. At least 12 off-street parking spaces available.
Property was extensively remodeled in 2023 with over $266,000 worth of improvements.
Property has new paint, landscaping, drainage, and is ready for a new owner!
Parcel is .746 acres and large enough to carve out a separate parcel. The zoning is General Commercial which allows for multiple uses, including a live/work scenario. Property is currently being used as a live/work use with pet grooming/boarding and owner living in upper apartment. Upper apartment is fresh, unique, and offers a living area complete with kitchen, two bedrooms, and a large bathroom/laundry area. Must see to be appreciated.
Great opportunity to own a corner commercial property, located at the intersection of Center Street and Starlight Drive in Collierville, TN. This property is just blocks from the Collierville Town Square and Highway 72 with great access to I-385. At least 12 off-street parking spaces available.
Property was extensively remodeled in 2023 with over $266,000 worth of improvements.
Property has new paint, landscaping, drainage, and is ready for a new owner!
Parcel is .746 acres and large enough to carve out a separate parcel. The zoning is General Commercial which allows for multiple uses, including a live/work scenario. Property is currently being used as a live/work use with pet grooming/boarding and owner living in upper apartment. Upper apartment is fresh, unique, and offers a living area complete with kitchen, two bedrooms, and a large bathroom/laundry area. Must see to be appreciated.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,523 SF
Building Class
C
Year Built
1982
Price
$499,000
Price Per SF
$197.78
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,523 SF
Building FAR
0.08
Lot Size
0.75 AC
Zoning
GC - General Commercial
Parking
20 Spaces (7.93 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | C0-244-A-00042 | Improvements Assessment | $28,640 |
| Land Assessment | $49,680 | Total Assessment | $78,320 |
Property Taxes
Parcel Number
C0-244-A-00042
Land Assessment
$49,680
Improvements Assessment
$28,640
Total Assessment
$78,320
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538 S Center St