For Sale
$1,850,000

120 Bethany Ln Shelbyville, TN 37160

High-yield retail & mixed-use opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Shelbyville, TN investment property, located at 120 Bethany Ln, 37160, offers a unique blend of established income and future development potential. The property encompasses 9,984 square feet on a 5.34-acre lot, featuring two tenant-occupied buildings, each with eight 2-bedroom, 1-bathroom units totaling 4,992 square feet. Nine of the sixteen units boast leases exceeding two years, providing a stable income stream. Built in 2005, the property is zoned COMM and boasts a paved parking lot and expansive grassy area. The asking price is $1,850,000, translating to $185.30 per square foot. This presents a rare chance to acquire a well-maintained, income-producing asset with significant upside for future commercial development in a thriving Bedford County location. The property's original owner is selling, offering a unique opportunity for investors seeking a stable return and long-term growth potential. This turnkey investment is ready for immediate income generation and future expansion.

Highlights

  • Exceptional Shelbyville, TN investment opportunity at 120 Bethany Ln, 37160.
  • 9,984 SF building on a 5.34-acre lot, zoned COMM.
  • Two buildings with sixteen 2-bedroom, 1-bathroom units, totaling 4,992 rentable SF.
  • Nine units have leases exceeding two years.
  • $1,850,000 asking price ($185.30/SF).

Property Details for 120 Bethany Ln

Property type
Retail properties, Mixed-use properties
Square Feet
9,984 SF
Year Built
2005
Lot Size (sq. ft)
232,610 SF

Location Insight

City
Shelbyville
County
Bedford
State
Tennessee
Latitude
35.4802963
Longitude
-86.4397053

FAQs

What type of property is this?
Retail property - High-yield retail & mixed-use opportunity
Where is the retail property located?
The property is located at 120 Bethany Ln Shelbyville, TN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Exceptional Shelbyville, TN investment opportunity at 120 Bethany Ln, 37160.; 9,984 SF building on a 5.34-acre lot, zoned COMM.; Two buildings with sixteen 2-bedroom, 1-bathroom units, totaling 4,992 rentable SF.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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120 Bethany Ln
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