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875 Union St
Shelbyville, TN 37160

$1,600,000

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Listing Details

  • $1,600,000
  • MLS# 3080175
  • Type Commercial - Retail
  • Status Active
  • 18,595
    Square Feet
  • 1.670 acres
    Lot Size
  • 1974
    Year Built

Listed By

Agency Name: Benchmark Realty, LLC
Agency Phone: 6158092323

Shown By

Agency Title: HALO Realty, LLC
Agency Phone: 615 822 3509

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Home Value Estimate


Description

Retail investment opportunity in the heart of Shelbyville, TN. This well-located retail building is fully occupied*, with the exception of a **4,388 SF storage space** situated at the rear of the property, offering immediate upside through lease-up or alternative use.The property is supported by a stable existing tenant base and has recently benefited from a **brand new roof**, reducing near-term capital expenditure concerns and enhancing long-term asset durability.A key highlight of this property is the **significant opportunity for rent growth**. Current rents remain below market, providing investors with a clear path to **rent improvement**...read more

Features

  • Year Built: 1974

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