241 Grace CvMedina, TN 38355

  • Sports & entertainment properties
  • 12,967 SF
For Lease
$168/SF/YR View listing

Property Details for 241 Grace Cv

Year built
2009
Lot size
1.08 AC
Property size (Sq ft)
12,967 SF
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
177L F 00700
APU
177LF00700

Description

This exceptional retail property, located in Medina, TN, presents a unique investment opportunity. Built in 2009, the single-story building offers a total of 5,695 square feet of leasable space, currently divided into two suites. One suite, boasting over 5,500 square feet, is immediately available and presents a blank canvas for a variety of retail or restaurant concepts. The expansive layout allows for flexible design and customization to suit diverse business needs. The property benefits from excellent visibility and accessibility, complemented by a generous 40-space parking lot, ensuring convenient customer access. The building is zoned for commercial use, providing flexibility for a range of businesses. Its previous use as a skating rink provides a unique history and potential for creative repurposing. The property's spacious layout and ample parking make it an ideal location for businesses seeking high visibility and convenient customer access in a thriving community. This is a rare opportunity to secure a substantial retail space in a desirable location with significant potential for growth and success. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prime retail location in Medina, TN. The building's single-story design ensures easy navigation and accessibility for customers and staff alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,392,618
    Hospitality
    $3,107,620
    Educational
    $2,585,503
    Medical
    $2,674,422
    Retail
    $4,021,894
241 Grace Cv, Medina, Tennessee

Location Insight

City
Medina
County
Gibson
State
Tennessee
Latitude
35.7978
Longitude
-88.7894
CBSA code
27180
CBSA name
JACKSON, TN METROPOLITAN 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
-
$52,480
$136,400
$188,880
-
$131,200
$341,000
$472,200

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