This exceptional 7,000 square foot industrial property in LaFollette, Tennessee, presents a lucrative investment opportunity. The steel building boasts 13 to 17-foot clear span ceiling heights and is intelligently divided into two separately metered tenant spaces. Space 1, encompassing 2,250 square feet, features two 15x14 roller shutter doors and heated boat/RV storage. Space 2 offers a substantial 4,750 square feet of office/warehouse space, complemented by 1,250 square feet of retail/office area with a full-height glazed storefront, ideal for maximizing visibility and attracting customers. The property benefits from a prime location near popular retail establishments including Sonic, Stockyard BBQ, Smith Ace Hardware, Raging Axes, and The Royal Lunch, ensuring high foot traffic and convenient access for tenants and customers. Strong demographics further enhance the property's appeal, with a 3-mile radius population of 9,287 and an average household income of $63,504. The 5-mile and 10-mile radius demographics show even greater potential with populations of 19,202 and 33,510 respectively, and average household incomes reaching $68,516. This versatile property is perfect for a variety of uses and offers significant potential for rental income and appreciation. The asking price is $460,000, translating to $65.71 per square foot. Located at 207 W Central Ave, LaFollette, TN 37766, this property is ready for immediate occupancy.
Highlights
7,000 SF steel building with 13-17' clear span ceilings.
Divided into two separately metered tenant spaces.
Space 1: 2,250 SF with two 15'x14' roller doors and heated boat/RV storage.
Space 2: 4,750 SF office/warehouse and 1,250 SF retail/office space with full-height glazed storefront.
Excellent location near Sonic, Stockyard BBQ, Smith Ace Hardware, Raging Axes, and The Royal Lunch.
Strong demographics: 3-mile radius population 9,287, average household income $63,504; 5-mile radius population 19,202, average household income $68,516; 10-mile radius population 33,510, average household income $68,516.
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Contacts
Oliver Smith
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207 Central Ave, LaFollette, Tennessee, 37766
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207 Central Ave
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