107 W Commercial AveMonterey, TN, 38574
$ 199,500Bedrooms Baths0.0 Sq 2,550
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.
List By Maggie McHugh
Better Homes & Gardens Real Estate Gwin Realty
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
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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Commerical listings in Monterey, TN
Average List Price $199,600
Percent of Sale Price 0%
About Monterey, TN
$ 25,721 Median Income
40.19 Median Age
24% Households with Children
|11/2/2019||$199,500|| -2.68%|| Price Down|
|10/19/2019||$205,000|| ||Listed Price|