For Sale
$829,900

103 Court SqLivingston, TN 38570

Prime location, dual income streams, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-story, 6,426 square foot mixed-use building, constructed in 1900 and renovated in 2020, presents a unique investment opportunity in the heart of Livingston, Tennessee's historic district at 103 E Court Square. The property boasts approximately 4,000 square feet of ground and second-floor commercial space, ideal for retail, office, or dining establishments. Its prominent location on the bustling square ensures high visibility and foot traffic. The building features large display windows, exposed brick, and high ceilings, creating an inviting atmosphere. Modern amenities include updated HVAC, plumbing, and electrical systems. In addition to the commercial space, the property includes two fully furnished short-term rental units. One unit offers one bedroom and one bathroom, while the other provides two bedrooms and one and a half bathrooms. These units benefit from an established rental history with high occupancy rates and excellent reviews. The property sits on a 2,438 square foot lot and is zoned for commercial use. Its proximity to local events, festivals, restaurants, and shops enhances the appeal for both commercial tenants and rental guests. The asking price is $829,900, with a net operating income (NOI) of $7,512 and a cap rate of 0.91%. This turnkey property offers dual income streams, strong appreciation potential, and immediate occupancy.

Highlights

  • Mixed-use investment opportunity: 6,426 sq ft building, 103 E Court Sq, Livingston, TN, $829,900.
  • Three-story building (1900, renovated 2020) with 4,000 sq ft of commercial space ideal for retail, office, or restaurant use. High visibility location on the historic square.
  • Features include large display windows, exposed brick, high ceilings, updated HVAC, plumbing, and electrical.
  • Includes two furnished short-term rental units (one 1 bed/1 bath, one 2 bed/1.5 bath) with established rental history.
  • Sits on a 2,438 sq ft lot, zoned commercial, with strong NOI and cap rate.

Property Details for 103 Court Sq

Property type
Retail properties, Serviced apartments
Square Feet
6,426 SF
Year Built/Renovated
1900/2020
Buildings
1
Stories
3

Location Insight

City
Livingston
County
Overton
State
Tennessee
Latitude
36.3834399
Longitude
-85.3223805
103 Court Sq, Livingston, Tennessee

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103 Court Sq
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