208 Main StHornbeak, TN 38232

  • Other commercial real estate
  • 2,400 SF
For Sale
$98,000 View listing

Property Details for 208 Main St

Year built
1996
Construction
FRAME
Lot size
0.35 AC
Property size (Sq ft)
2,400 SF
Property type
Other commercial real estate
APN
066090K E 00500
APU
066090KE00500

Description

This exceptional mixed-use property at 208 S Main Street, Hornbeak, Tennessee, presents a unique investment opportunity. The 5,382 square foot building boasts two stories, offering versatile space ideal for a variety of commercial ventures and residential living. Located in Obion County, zip code 38232, this property enjoys a highly visible position on the main highway, providing excellent accessibility and exposure between two larger cities. The building's size and layout allow for a live-work arrangement, with the potential to operate a business on the ground floor and reside comfortably upstairs. The property is being sold with an accompanying pole barn, zoned residential, adding further value and potential uses. Its strategic location, just ten miles from Reelfoot State Park, places it in a community with a high demand for essential services. This presents a rare chance to establish a thriving business while contributing to the local economy. The asking price is $98,000. The lot size is not specified. This property is a compelling investment for entrepreneurs seeking a blend of commercial and residential space in a desirable location. The property's prime highway location ensures high visibility and accessibility, maximizing its potential for success. Don't miss this chance to own a piece of Hornbeak's vibrant future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $627,923
    Hospitality
    $575,174
    Educational
    $478,538
    Medical
    $494,996
    Retail
    $744,393
208 Main St, Hornbeak, Tennessee

Location Insight

City
Hornbeak
County
Obion
State
Tennessee
Latitude
36.3326
Longitude
-89.2967
CBSA code
46460
CBSA name
UNION CITY, TN-KY 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
-
$3,360
$16,800
$20,160
-
$8,400
$42,000
$50,400

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