737 Madison StShelbyville, TN 37160

  • Industrial properties
  • 17,860 SF
For Sale
$975,000 View listing

Property Details for 737 Madison St

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.95 AC
Property size (Sq ft)
17,860 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
002089C A 00200
APU
002089CA00200

Description

This exceptional mixed-use property at 737 Madison Street in Shelbyville, Tennessee, offers over 21,000 square feet of versatile space on a 0.97-acre lot. Priced to sell at $975,000, this building presents a unique investment opportunity due to its prime location on a high-traffic road with ample parking. The property boasts a large warehouse area, ideal for storage or distribution, complemented by office and retail space ready for immediate occupancy. Features include a loading dock, showroom space suitable for furniture or antiques, and the potential for a restaurant or other retail businesses. The substantial square footage includes a significant amount of additional space in the rear of the building, accessible via the loading dock. Its convenient location near downtown Shelbyville ensures easy access for customers and employees. The property's proximity to the Centennial Horse Arena adds further appeal and potential for synergistic business opportunities. This adaptable space is perfect for a variety of uses, making it an attractive investment for entrepreneurs and business owners seeking a high-visibility location with significant potential for growth. The building's existing infrastructure and ample space provide a solid foundation for a thriving business venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,323,748
    Hospitality
    $3,960,530
    Educational
    $3,295,114
    Medical
    $3,408,438
    Retail
    $5,125,734
737 Madison St, Shelbyville, Tennessee

Location Insight

City
Shelbyville
County
Bedford
State
Tennessee
Latitude
35.4876
Longitude
-86.4454
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
-
$147,200
$38,400
$185,600
-
$368,000
$96,000
$464,000

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