1655 Morrison StMcMinnville, TN 37110
- Other commercial real estate
- 51,637 SF
Property Details for 1655 Morrison St
- Year built
- 1979
- Construction
- FRAME
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 51,637 SF
- Property type
- Other commercial real estate
- APN
- 089077 00101
- APU
- 8907700101
Description
This exceptional 50,400-square-foot Class A industrial distribution center in McMinnville, Tennessee, is available for $2,900,000. Located on a 2-acre lot at 1655 Morrison St (APN 077 001.01), this single-story, 1979-built building offers significant potential for various uses. Features include 10 dock-high doors, 2 loading docks, 100 parking spaces, and a 17-foot ceiling height. The interior boasts reinforced concrete floors, ideal for heavy equipment, and includes former retail space, multiple offices, a kitchen/breakroom, and several lavatories. The property is currently vacant, with an occupancy date of September 15, 2024. While previously used as a home improvement warehouse and lumber yard, the seller prohibits use as a contractor supply business (excluding roofing supplies), opening doors to diverse redevelopment opportunities, such as a distribution center, manufacturing facility, or even a recreation complex. The property benefits from its convenient location between Nashville and Chattanooga, with easy access to Interstate 24, and anticipates sustainable growth in the Middle Tennessee region. Note that the roof has minor leak issues resulting in some minor interior damage. This presents a unique opportunity for an owner-user or multiple owners seeking a versatile space in a prime location. The property is zoned commercial.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $12,500,860
- Hospitality
- $11,450,721
- Educational
- $9,526,865
- Medical
- $9,854,509
- Retail
- $14,819,568
Location Insight
- City
- Mcminnville
- County
- Warren
- State
- Tennessee
- Latitude
- 35.6644
- Longitude
- -85.7987
- CBSA code
- 32660
- CBSA name
- MCMINNVILLE, TN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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