Great Investment / Business Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30804473
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 2,024 SF
Gross Building Area: See Agent
Sale Price: $320,000
Unit Price: $158.10 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

This is a great opportunity for a business or investment property. The building currently has one tenant downstairs and the owner upstairs. Separate entrances for each space and a rear entrance for the downstairs space. Zoned C-2 where upstairs living spaces are allowed. Rent both spaces out or make a business / living space out of it, numerous possibilities. Only seconds to Main Street and the Historic District, Hospital, eateries, shopping and professional offices. Sweetwater Downtown Historic District is a thriving area and waiting for your next adventure.

Current Tenants

Tenant Business Name Avail an Aveda Salon
Industry Type Other Services
Is Renting? Yes
Current Rent $700 PSF (Annual)

Additional Details

Nearest MSA: Athens
County: Monroe
Submarket Type: Historic District
Taxing Authority: City of Sweetwater
Tax ID/APN: 062023KE02000
Retail Clientele: Business
Property Located Between: Oak Street and Hwy 11
Largest Nearby Street: US Hwy 11
Highway Access: US Hwy 11 is only 100' away
Area Description: The building is located just feet from the vibrant National Main Street of Sweetwater.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,024 SF
Property Condition: Good
Year Built: 1900
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Two Story Brick, windows with awnings.
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owner Occupied

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,941 8,444 12,924
Median Age: 41.07 40.93 41.1
Households: 798 3,405 5,143


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