For Sale
$325,000

228 Lindell StMartin, TN 38237

Two-unit retail building, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a charming, two-unit retail building ideally situated in the vibrant heart of downtown Martin, Tennessee. The property, located at 228 A & B S Lindell Street, boasts a total of 3,700 square feet spread across two stories, built in 1900. Currently generating income from existing leases, this property offers immediate returns for the savvy investor. One side is occupied by a thriving boutique, while the other houses a successful jiu-jitsu school, demonstrating the diverse appeal and strong tenant base. Each unit is equipped with its own independent central heating and air conditioning systems, ensuring optimal climate control and tenant satisfaction. Furthermore, each unit includes its own private restroom facilities, adding to the convenience and functionality of each space. The property's location in the bustling downtown area provides excellent visibility and accessibility for businesses, attracting a steady stream of foot traffic. With a total asking price of $325,000, this property represents a compelling investment opportunity in a thriving Tennessee community. The lot size is not specified. This turnkey operation offers a rare chance to acquire a well-established, income-producing retail property in a desirable location. The zip code is 38237.

Highlights

  • Exceptional investment opportunity: Two-unit retail building in downtown Martin, TN.
  • 3,700 square feet, two stories, built in 1900, located at 228 A & B S Lindell Street, Martin, TN 38237.
  • Currently leased to a boutique and a jiu-jitsu school, generating immediate income.
  • Each unit features independent HVAC and private restrooms.
  • $325,000 asking price.

Property Details for 228 Lindell St

Property type
Retail properties
Square Feet
3,700 SF
Year Built
1900
Stories
2

Location Insight

City
Martin
County
Weakley
State
Tennessee
Latitude
36.3581951
Longitude
-88.849481
228 Lindell St, Martin, Tennessee

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228 Lindell St
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