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567 Liberty St Milan Tn 38358
Milan, TN 38358
567 Liberty St Milan, TN · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,760 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.26 AC
Parking
6 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
95’ on W Van Hook St.

Amenities

  • Corner Lot
  • Security System
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

About 567 LIBERTY ST MILAN TN 38358 , MILAN, TN 38358

This is a medium-sized commercial space, currently being used as a laundromat in half of the space. The other half is vacant and was being used as a small office space, but it is currently empty. The vacant side has a loading door in the rear and a small storage area next to the office spot. The layout is similar to a small business or shop and each unit has its own bathroom! This space could easily be converted into a much larger office/store if the units were combined. Parking accommodates about 4-6 cars, not including street parking on Liberty and two spots in the rear, along the back. Check it out and see if it can work for your business! The P&L shows a failing office, so the expenses will have to be worked on and likely, a laundromat is not the best option given the potential frontage and the popular area. The laundromat does show some promise if it was updated and monitored, but the P&L shows that it could be better suited as something else. The area has a ton of potential in terms of small businesses; this is Old Milan, which is undergoing a lot of change recently as it is restoring itself to fit a younger generation!

Property Taxes

Property Taxes

Parcel Number
140F-E-022.00
Land Assessment
$16,000
Improvements Assessment
$50,680
Total Assessment
$66,680
  • Listing ID: 15816272

  • Date on Market: 4/24/2019

  • Last Updated:

  • Address: 567 Liberty St Milan Tn 38358, Milan, TN 38358

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