For Sale
$1,750,000

118 Church StJackson, TN 38301

Prime Office Redevelopment Opportunity, 45,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This historic five-story office building, located at 118 N Church St in Jackson, Tennessee, presents a unique redevelopment opportunity. Boasting 45,000 total square feet and 36,000 net rentable square feet, the property currently has four tenants with 50% occupancy. Built in 1905, this multi-tenant building features two elevators, upgraded electrical and HVAC systems (with individual mechanical rooms per floor), and multiple bathrooms on each floor. The building is zoned B-3 and is situated in a central business district opportunity zone, offering convenient access to the West Tennessee Farmers Market, The Amp, The NED, and numerous restaurants and retail establishments. The first floor, currently partially occupied, presents potential for retail redevelopment, while the second and third floors are ready for interior updates and offer significant growth potential for office space or loft apartments. The fourth floor is also partially occupied. Public parking is available. The asking price is $1,750,000, with a gross lease type and month-to-month lease options. Deed restrictions apply. This is an exceptional investment opportunity in a thriving downtown area.

Highlights

  • Historic five-story office building (45,000 total sq ft, 36,000 net rentable sq ft) in Jackson, TN's central business district.
  • Currently 50% occupied with four tenants; month-to-month lease options available.
  • Features two elevators, upgraded electrical and HVAC systems (individual mechanical rooms per floor), and multiple bathrooms on each floor.
  • Zoned B-3, located in an opportunity zone, with proximity to amenities including the West Tennessee Farmers Market, The Amp, The NED, and numerous restaurants.
  • Asking price: $1,750,000; gross lease type; deed restrictions apply.

Property Details for 118 Church St

Property type
Office properties, Office space
Square Feet
45,000 SF
Year Built
118
Buildings
1
Stories
5

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6148265
Longitude
-88.8166582
118 Church St, Jackson, Tennessee

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118 Church St
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