612 Madison StShelbyville, TN 37160

  • Other commercial real estate
  • 65,608 SF
For Lease

Property Details for 612 Madison St

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
5.90 AC
Property size (Sq ft)
65,608 SF
Property type
Other commercial real estate
APN
002089B H 00300
APU
002089BH00300

Description

This exceptional retail property, located at 612 Madison Street in Shelbyville, Tennessee, offers a prime opportunity for businesses seeking high-visibility space. The Madison Street Station is a well-maintained strip center/shopping center totaling 56,766 square feet, currently comprised of six suites. A significant 8,000 square feet of retail space is immediately available, presenting a blank canvas for a variety of retail concepts. The property boasts abundant parking, ensuring convenient access for customers and employees. Situated in the Murfreesboro submarket of Bedford County, this location benefits from strong local traffic and visibility. The building has recently undergone fresh paint, enhancing its already attractive appearance. The property's address is 612 Madison St, Shelbyville, TN 37160. This is a multi-tenant property in a thriving area, offering excellent potential for growth and success. The property's convenient location and ample parking make it an ideal choice for businesses seeking a strong presence in the Shelbyville market. The available space presents a unique opportunity to establish or expand a retail operation in a well-established and attractive retail center. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,883,116
    Hospitality
    $14,548,849
    Educational
    $12,104,471
    Medical
    $12,520,763
    Retail
    $18,829,178
612 Madison St, Shelbyville, Tennessee

Location Insight

City
Shelbyville
County
Bedford
State
Tennessee
Latitude
35.487
Longitude
-86.4503
CBSA code
43180
CBSA name
SHELBYVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$236,000
$630,760
$866,760
-
$590,000
$1,576,900
$2,166,900

FAQs

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