9040 Hwy HwyMillington, TN 38053

Property Details for 9040 Hwy Hwy

Year built

2003

Property type

Commercial real estate

Description

This exceptional commercial property, located at 9040 US Hwy 51 in Millington, Tennessee, presents a unique investment opportunity. The 4-acre lot boasts an 8,000 square foot building currently occupied by a thriving flooring business, Millington Floor Covering (MFC). MFC, established for over 40 years, is being offered for sale complete with inventory, equipment, and furnishings. The owner is retiring, presenting a turnkey acquisition for a new business owner. The property's strong financial performance is evident in its 2023 gross sales exceeding $1.5 million. The building itself comprises a spacious 3,500 square foot showroom, ideal for showcasing products, and a 4,500 square foot warehouse area for storage and operations. Convenient 14-foot dock doors facilitate efficient loading and unloading. The substantial lot size offers significant potential for future development and expansion. The property's location on US Highway 51 ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The lot is also divisible, allowing for the creation of additional commercial spaces, further enhancing its investment potential. This is a rare opportunity to acquire a profitable, established business with significant real estate value in a prime Millington location. The asking price is $2,000,000.

Location Insight

City

Millington

County

Shelby

State

Tennessee

Latitude

35.3737

Longitude

-89.8762

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