107 W Commercial Ave Monterey, TN $ 199,500
107 W Commercial Ave
$ 199,500
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107 W Commercial Ave

Monterey, TN, 38574
$ 199,500
Bedrooms Baths0.0 Sq 2,550

Monthly Estimate*

$ 951

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Commercial Property for sale in Monterey, TN

for $199,500. This 2,550 square foot building was built in 1928 on a lot size of 25 x 140.

Downtown Revitalized! This space is perfect for small business that needs a perfect location. Plenty of small offices (4) for employees, a kitchen, employee break area/ eating area, media room, file storage, men and womens bathrooms, and a meeting room. Old brick building from the 20's has great small town charm but was totally remodeled in 2007 which included plumbing, electrical, HVAC and insulation. Views out the front window include the gorgeous new Cumberland County Bank that stretches the full block. Currently rented by Farm Bureau til Nov of 2021. Rental income is $825 a month. Owner will also consider a 1031 swap.

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Commercial Active

Price

$ 199,500

Property Type

Commercial

Taxes

$ 751

Style

Office

Lot Size

25 x 140

Year Built

1928

Town/City

Monterey

County/Region

Putnam

MLS | Web ID

194542

List By
Maggie McHugh

Listing Agent

Better Homes & Gardens Real Estate Gwin Realty

Broker

Affordability Calculator

$1,014
Per Month
94%
6%
0%
Monthly Principal & Interest
$951
Monthly Property Taxes
$63
Monthly Home Insurance
--
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Default based on a 30-year fixed rate of 3.99% 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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Pricing History
DatePricePrice ChangeDescription
11/2/2019$199,500 -2.68% Price Down
10/19/2019$205,000 Listed Price

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107 W Commercial Ave , Monterey, TN, 38574 is a Commercial Property for sale at $199,500 with 2,550 sqft and a lot size of 25 x 140. 107 W Commercial Ave has 0.0 baths and was built in 1928. The property's zip code is 38574 which is in Monterey, TN