For Sale
$1,488,000

1441 Market St Dayton, TN 37321

Historic Charm, Modern Upgrades, High Income Potential

Overview

Added:
Feb 3
Days on market:
81
This stunning three-level, 3,660 square foot office building, located at 1441 Market Street in Dayton, Tennessee's historic district, presents a unique investment opportunity. Originally constructed in 1924 as a bank, this iconic structure underwent a complete remodel in 2020, seamlessly blending its timeless architectural details with contemporary amenities. The property sits on a 0.1-acre lot adjacent to the historic courthouse square, offering exceptional visibility and accessibility. Currently housing two long-term tenants, the building boasts a strong rental history. The second floor, featuring approximately 762 square feet of rentable space, generates an estimated annual income of $14,000 to $15,000. Added in 1956, the third floor provides additional office suites, presenting opportunities for expansion or diversification of tenants. The building's prime location within the Historic District qualifies it for annual grants for exterior improvements, including windows, doors, awnings, and paint, further enhancing its value and curb appeal. With its versatile layout and rich history, this property is ideally suited for a variety of uses, including a boutique hotel, restaurant, or continued use as prime office space. The asking price is $1,488,000. The second floor's luxurious suite offers a breathtaking view of the courthouse square through an oversized arched window. This is a rare chance to acquire a piece of Dayton's heritage and capitalize on its significant income potential.

Property Details for 1441 Market St

Property type
Office properties
Square Feet
3,660 SF
Year Built
1924
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Dayton
County
Rhea
State
Tennessee
Latitude
35.4944
Longitude
-85.01298

FAQs

What type of property is this?
Office property - Historic Charm, Modern Upgrades, High Income Potential
Where is the office property located?
The property is located at 1441 Market St Dayton, TN.
What is the asking price?
The asking price for this property is $1,488,000.
How can I contact the broker?
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1441 Market St
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