For Sale
$1,150,000

105 Court SqLivingston, TN 38570

Historic Livingston Square, high-yield potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This meticulously renovated 1930 building, boasting 6,048 square feet on a 0.5-acre lot, presents a compelling mixed-use investment opportunity in Livingston, Tennessee (38570). The three-story structure, completely renovated in 2020, features approximately 800 square feet of ground-floor commercial space ideal for retail or office use. High visibility and foot traffic are ensured by street frontage with large display windows and a prominent entrance. The upper floors comprise four fully furnished short-term rental units: one one-bedroom with bunk room and two bathrooms, one one-bedroom/one-bathroom, one two-bedroom/one-bathroom, and a two-bedroom/one-and-a-half-bathroom penthouse. All units are equipped with modern amenities and stylish décor. This stabilized investment boasts a 1.07% cap rate and a net operating income (NOI) of $12,352, with an asking price of $1,150,000 ($190.15/sq ft). The property is zoned commercial and offers a proven rental history with strong occupancy rates and positive guest reviews. This exceptional property is perfectly positioned on the historic Livingston Square, providing unparalleled access to the area's vibrant community and ample foot traffic.

Highlights

  • Meticulously renovated 1930 building, 6,048 sq ft on 0.5-acre lot in Livingston, TN (38570).
  • Three-story structure with 800 sq ft of ground-floor commercial space (retail/office).
  • High visibility & foot traffic due to street frontage, large windows, and prominent entrance.
  • Four furnished short-term rental units (one 1BR/2BA, one 1BR/1BA, one 2BR/1BA, one 2BR/1.5BA penthouse).
  • 1.07% cap rate, $12,352 NOI, $1,150,000 asking price ($190.15/sq ft).

Property Details for 105 Court Sq

Property type
Retail properties, Mixed-use properties
Square Feet
6,048 SF
Year Built/Renovated
1930/2020
Buildings
1
Stories
3

Location Insight

City
Livingston
County
Overton
State
Tennessee
Latitude
36.3835293
Longitude
-85.322407
105 Court Sq, Livingston, Tennessee

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105 Court Sq
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