1302 Main StWaverly, TN 37185

  • Other commercial real estate
  • 2,982 SF
For Sale
$249,500 View listing

Property Details for 1302 Main St

Year built
1995
Construction
WOOD
Lot size
0.58 AC
Property size (Sq ft)
2,982 SF
Property type
Other commercial real estate
APN
043064E B 00300
APU
043064EB00300

Description

This exceptional mixed-use property in Waverly, TN, presents a unique investment opportunity. The main structure, a 2,418 square foot commercial building situated on 0.58 acres with Highway 70 frontage, boasts a rich history as the former Bradley Motors. Inside, you'll find two offices, a half-bath, a vehicle spray paint booth, three-phase electrical service, oversized garage doors at each end, impressive 13.5-foot ceilings, and a substantial workshop area. This versatile space is ideal for a variety of businesses. Separately, on a contiguous parcel, sits an unfinished 1,512 square foot, three-bedroom, two-bathroom mobile home with a permanent foundation located at 109 Swift St. This mobile home features an open concept layout, a large master suite, completed subfloors, new drywall, a gas fireplace, a carport, and new ductwork. It's ready for a buyer to complete the interior to their specifications. The property offers the potential to combine business and residential living or to generate rental income from the mobile home. The property is being sold in its as-is condition. Note that the mobile home is located in a flood zone. This is a rare chance to acquire a substantial commercial building with significant highway visibility and a bonus residential component.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $589,645
    Hospitality
    $540,112
    Educational
    $449,366
    Medical
    $464,821
    Retail
    $699,014
1302 Main St, Waverly, Tennessee

Location Insight

City
Waverly
County
Humphreys
State
Tennessee
Latitude
36.0854
Longitude
-87.7572

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
2023
$633
$12,000
$8,760
$20,760
-
$30,000
$21,900
$51,900

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