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4806 Navy Rd

Millington, TN 38053
  • $850,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: 10108439
UPDATED: 67 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:

School Ratings & Info

Description

An established and well maintained 18,266 +/- SqFt Retail Center. Roof replaced 6/30/2016, great mix of stable tenants, ample parking. Located on a 1.701 ac +/- fully paved Corner Lot in the heart of town right across the street from City Hall and Main Fire Station. There is good upside potential.

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© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Gurus, PLLC of Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-12-08T00:03:10.563.
midsouth.yourhomegurus.com/homes/121338161
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4806 Navy Rd Millington, TN 38053

  • Price: $850,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 67 min ago
  • ID#: 10108439
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1966
Built
Neighborhood:
Navy Rd Shopping Center
County:
Shelby
Area:
Millington - West
Property Description
An established and well maintained 18,266 +/- SqFt Retail Center. Roof replaced 6/30/2016, great mix of stable tenants, ample parking. Located on a 1.701 ac +/- fully paved Corner Lot in the heart of town right across the street from City Hall and Main Fire Station. There is good upside potential.
Exterior Features

Buildings 1 Land Sq Ft 74096 Location CityCornerOther (See Remarks)Shopping Center Lot Size 246.78X293.56/300 Parking Facility 76 Or More SpacesAsphalt/Blacktop Road Frontage City StreetState/County Road Roof Flat Truck Loading Door Height 6-8.9 Feet

Interior Features

Average Ceiling Height 11-12.9 Feet16-20.9 Feet Cooling System 220 WiringCentral CoolingElectric Cooling Floors Other (See Remarks)Partial Carpet Foundation Slab Heating System CentralGasIndividual Systems Hot Water Electric Hot WaterGas Hot WaterIndividual System Improved Sq Ft 19060 Leaseable Sq Ft 18266 Restrooms 8

Property Features

Annual City Tax 1836 Annual County Tax 4860 Annual Insurance Expenses 5500 Annual Operating Expenses 16224 Average Annual Utilities 9500 Commercial Type Commercial Contingency Type No Contingency Existing Financing Other (See Remarks) Information Available Operating Expense ReportProfit/Loss StatementRent Roll Legal Subdivision Name Navy Rd Shopping Center Lot Number 1&2 Miscellaneous Security SystemRoof SignPole SignTelephone SystemRest Rooms220 Volt PowerTraffic Court Available New Financing Other (Call La) Operating Expense Includes Janitorial ServiceProperty InsuranceProperty ManagementRepair &Amp; MaintenanceSuppliesTaxes/Real EstateUtilities Percent Occupancy 80 Possession Lease Possession At ClosingTenants RightsSpecific DateMonth To Month Lease1-5 Years Lease Sale Includes Building And LandSignage Tenant Pays Glass InsuranceLiability Insurance Type Usage Food ServiceMedicalOfficeRetail Zoning Com

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Morris Realty & Auction, Llc.



© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Gurus, PLLC of Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-12-08T00:03:10.563.
 
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The Home Gurus, PLLC of Keller Williams Realty
930 South White Station
Memphis TN, 38117