1045 Old Florence Rd Lawrenceburg, TN $ 3,200,000
1045 Old Florence Rd
$ 3,200,000
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1045 Old Florence Rd

Lawrenceburg, TN, 38464
$ 3,200,000
Baths0.0 Sq 28,595

Monthly Estimate*

$ 22,353

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Studio

Commercial Property for sale in Lawrenceburg, TN

for $3,200,000. This 28,595 square foot building was built in 1992 on a lot size of 2.75.

Great investment opportunity!! Unveil the perfect blend of comfort and convenience. We are excited to present exclusive 1 and 2 bedroom apartment builds for sale, located within the serene city limits of Lawrenceburg, you'll have easy access to local attractions, dining, shopping, and more. Property is approximately one mile from downtown square, one mile from the college and half a block from the hospital. Property has a total of 40 rental units and additional space that can be used for another rental income or laundromat. Property has total of 24- 2 bed 1 bath apartments and 16 -1 bed 1 bath apartments. Generating a total of $26,400 of income a month. Property also comes with office space and additional building site . Most units were remodeled in 2017. Also roof was replaced in 2023. Buyer to verify all information.

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Commercial Pending

Price

$ 3,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

2.75

Year Built

1992

Town/City

Lawrenceburg

County/Region

Lawrence

MLS | Web ID

2618617

Features
General
Possession Close Of Escrow
Roof Shingle
Zoning Commercial
Year Built 1992
Property SubType Mixed Use
County Lawrence County TN
Property Type Commercial Sale
Status Under Contract - Not Showing
Directions Go south on Old Florence Rd from the square property is on the right.
City Lawrenceburg
Waterfront Y/N N
Street Name Old Florence Rd
Days on Market 29
Building Area Units Square Feet
Standard Status Pending
Total Actual Rent 0
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Exterior
Total Parking 0
Lot Size Area 2.75
Building Area Total 28595
Lot Size Acres 2.75
Lot Size Units Acres
Lot Size Source Assessor
Covered Spaces 0
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 1045
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* Excluded Features
List By
Re/Max Pros

Broker

jaseduke@yahoo.com

Email

Affordability Calculator

$22,353
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,353
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2024$3,200,000 Listed Price

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1045 Old Florence Rd, Lawrenceburg, TN, 38464 is a Commercial Property for sale at $3,200,000 with 28,595 sqft and a lot size of 2.75. 1045 Old Florence Rd is a studio with 0.0 baths and was built in 1992. The property's zip code is 38464 which is in Lawrenceburg, TN