For Sale
$799,900

1416 Highway 70 Waverly, TN 37185

Waverly, TN: Mixed-Use Investment Opportunity

Overview

Added:
Feb 3
Days on market:
80
This exceptional 20,000 square foot mixed-use property, situated on 2.85 acres of land at 1416 Highway 70 West in Waverly, Tennessee, presents a compelling investment opportunity. The property boasts high visibility due to its strategic location directly across from Waverly Central High School, ensuring consistent traffic flow. The complex comprises three commercial buildings. One building is currently vacant, offering immediate potential for lease or owner-occupancy. Buildings two and three are occupied by Stephenson's Sales, a well-established business specializing in appliances, doors, windows, wood, and home remodel inventory. A significant portion of the sale includes the existing inventory valued at $200,000, which is negotiable. This established business provides immediate income potential for the new owner. The property's size and location make it suitable for a variety of uses, catering to both established businesses seeking expansion and entrepreneurs looking to establish a presence in a thriving community. The strong economy of Waverly, Tennessee, further enhances the investment potential of this remarkable property. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant upside potential.

Property Details for 1416 Highway 70

Property type
Mixed-use properties
Square Feet
20,000 SF
Year Built
1961
Lot Size (sq. ft)
124,146 SF

Location Insight

City
Waverly
County
Humphreys County, TN
State
Tennessee
Latitude
36.07565
Longitude
-87.85785

FAQs

What type of property is this?
Mixed-use property - Waverly, TN: Mixed-Use Investment Opportunity
Where is the mixed-use property located?
The property is located at 1416 Highway 70 Waverly, TN.
What is the asking price?
The asking price for this property is $799,900.
How can I contact the broker?
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1416 Highway 70
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