For Sale
$975,000

2545 Highway 43Leoma, TN 38468

High-traffic location, two lots, renovated office.

Overview

Added:
Feb 3
Days on market:
62
This exceptional commercial property in Leoma, Tennessee presents a unique investment opportunity. The offering encompasses two parcels totaling 2.52 acres situated on Highway 43 S, a high-traffic area. The main component is a fully renovated 2,500 square foot office building currently leased to a medical spa, situated on a 1.3-acre lot. The interior and exterior have undergone complete renovations. The second parcel, a vacant 1.22-acre lot, is ideally suited for new construction. A pre-installed septic system, permitted for a 12,000 square foot building, significantly reduces development hurdles. This system allows for the construction of a commercial office plaza up to 50 feet deep and 240 feet wide, potentially accommodating six 50'x40' units. The combination of a profitable existing business and a readily developable vacant lot makes this property an attractive proposition for investors seeking immediate income and future expansion potential. The property's high visibility and convenient location on Highway 43 S ensure strong exposure and accessibility. This is a rare opportunity to acquire a substantial commercial property with significant upside in a thriving market. The asking price is $975,000.

Property Details for 2545 Highway 43

Property type
Office properties
Square Feet
2,500 SF
Year Built
1976
Lot Size (sq. ft)
109,771 SF

Location Insight

City
Leoma
County
Lawrence County, TN
State
Tennessee
Latitude
35.16599
Longitude
-87.34738
2545 Highway 43, Leoma, Tennessee

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2545 Highway 43
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