211 Madison St Shelbyville, TN ^$ 575,000

211 Madison St

^$ 575,000

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211 Madison St

Shelbyville, TN, 37160

^$ 575,000

Studio Baths0.0 Sq 5,090

Monthly Estimate*

^$ 4,017

211 Madison St, Shelbyville, TN 37160 - Image 1

211 Madison St, Shelbyville, TN 37160 - Image 2

211 Madison St, Shelbyville, TN 37160 - Image 3

Studio

Commercial Property for sale in Shelbyville, TN

for $575,000. This 5,090 square foot building was built in 1966 on a lot size of 0.17.

Attention, Savvy Investors! Welcome to an exceptional opportunity in the world of commercial real estate! Presenting a income-producing property that's sure to catch your discerning eye. This remarkable listing boasts 10 fully occupied units, each consistently generating robust income streams. Nestled in a prime location brimming with heavy traffic exposure, this property commands unparalleled visibility and accessibility, setting the stage for unparalleled success. Perfectly positioned to captivate prospective tenants and optimize your rental income potential, this investment opportunity.

Commercial Pending

Price

^$ 575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.17

Year Built

1966

Town/City

Shelbyville

County/Region

Bedford

MLS | Web ID

2639445

Features

General

Possession Close Of Escrow

Roof Membrane

Zoning Commercial

Security Features Security System Smoke Detector(s)

Year Built 1966

Property SubType Retail

County Bedford County TN

Property Type Commercial Sale

Contingency INSP

Status Under Contract - Not Showing

Directions Get on I-40 W from 8th Ave S and US-31 ALT S/US-70S E/Lafayette St/US Hwy 41 S Drive from I-24 E to Murfreesboro. Take exit 81A from I-24 E Follow US-231 S to Madison St in Shelbyville Merge onto US-

City Shelbyville

Waterfront Y/N N

Street Name Madison St

Days on Market 24

Building Area Units Square Feet

Standard Status Pending

Total Actual Rent 0

Exterior

Total Parking 0

Lot Size Area 0.17

Building Area Total 5090

Lot Size Acres 0.17

Lot Size Units Acres

Lot Size Source Calculated from Plat

Covered Spaces 0

Interior

Air Conditioning Y/N N

Heating Y/N N

Internal Only

Street Number 1 211

* Excluded Features

List By

Century 21 Capital Properties

Broker

evaangelinahomes@gmail.com

Affordability Calculator

$4,017

Per Month

Monthly Principal & Interest: $4,017
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Shelbyville, TN

Average List Price ^$1,394,760

Percent of Sale Price 143%

About Shelbyville, TN

22,071 Population

33% Since 2002

^$37,521 Median Income

34.81 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

245588 Elementary School

245705 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$575,000	-4.17%	Price Down
4/6/2024	$599,999	-3.23%	Price Down
4/5/2024	$619,999		Listed Price

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211 Madison St, Shelbyville, TN, 37160 is a Commercial Property for sale at $575,000 with 5,090 sqft and a lot size of 0.17. 211 Madison St is a studio with 0.0 baths and was built in 1966. The property's zip code is 37160 which is in Shelbyville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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211 Madison St

Commercial Property for sale in Shelbyville, TN

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