For Sale
$750,000

18 Stonecreek CirJackson, TN 38305

8,938 SF Office, Multifamily Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a two-story, 8,938 square foot office building situated on a generous 29,185.2 square foot lot in Jackson, Tennessee. Located at 18 Stonecreek Circle, 38305, this property offers significant potential for both owner-occupancy and rental income generation. The building, constructed in 1981, currently features a mix of occupied and vacant suites, presenting a chance to customize and expand your business while simultaneously capitalizing on rental income streams. Suite 103 underwent a renovation in 2014, showcasing the potential for upgrades and improvements throughout the property. The layout allows for the creation of up to four separate suites, catering to a variety of tenants and maximizing rental revenue. The property's classification as Traditional Office, Commercial, and Executive Office space, along with its inclusion in a Single Family Rental Portfolio subtype, highlights its versatility and diverse income-generating capabilities. This property is priced at $750,000 and represents a compelling investment opportunity in a desirable Jackson, TN location. The existing tenant occupancy provides immediate cash flow, while the vacant space offers room for expansion or further lease agreements. This is an ideal property for an owner-occupant seeking to grow their business and generate additional income through leasing.

Highlights

  • $750,000 asking price.
  • 8,938 square foot office building on a 29,185.2 square foot lot.
  • Two-story building constructed in 1981.
  • Located at 18 Stonecreek Circle, Jackson, TN 38305.
  • Potential for owner-occupancy with additional rental income from multiple suites.
  • Suite 103 renovated in 2014; upstairs suite currently occupied.

Property Details for 18 Stonecreek Cir

Property type
Office properties, Land
Square Feet
8,938 SF
Year Built
1981
Stories
2

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6742065
Longitude
-88.8530212
18 Stonecreek Cir, Jackson, Tennessee

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18 Stonecreek Cir
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