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$793,500

Est. payment - /mo

2,250 SqFt

Active

1052 Mineral Wells Avenue Paris, TN 38242

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Laura Mangiofico

laura@prosperwith.us +1(615) 605-6235

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $352

Subdivision Paris

MLS Listing ID 131635

Year Built 2003

Annual Tax Amount $2,919

Lot Size 0.506 Acres

Property Sub-Type Commercial

Property Description

Great commercial investment opportunity! DBA Valvoline Instant Oil Change. The property is being offered for sale subject to the current lease and tenants rights. There is a remainder of 14 years on the current triple net lease. The current gross annual income is $39,684.00. Annual rents increase every 5 years at a rate of 5% for the remainder of the lease term.

Location

State TN

County Henry

Area Paris

Zoning B1

Interior

Heating Central

Cooling Central Air

Inclusions Building & Land

Equipment Pole Sign

Exterior

Parking Features Private Over 10

Utilities Available Natural Gas Connected, Electricity Connected, Three Phase Power, Telephone Lines

View Y/N No

Water Access Desc Public

Roof Type Composition

Garage No

Building

Lot Description 0-1.9 Acres, General Business District, None

Sewer Public Sewer

Water Public

Others

Acceptable Financing 6f1ff8e924dbe476cc8b849bc4b278fe

Listing Terms 6f1ff8e924dbe476cc8b849bc4b278fe

Virtual Tour https://tour.usamls.net/1052-Mineral-Wells-Avenue-Paris-TN-38242/unbranded