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117 N 14th Ave

13,256 SF 100% Leased Retail Building Humboldt, TN 38343 $354,399 CAD ($27 CAD/SF)

Investment Highlights

  • Renovated
  • Work / Live ability
  • New HVAC, plumbing

Executive Summary

Located just steps off Main Street in Downtown, this building presents a unique opportunity ripe for transformation. With its high ceilings and spacious open floor plan, it offers a blank canvas for your creative vision. Spanning over 13,000 SqFt across two buildings, this property boasts versatility for a variety of uses. Recent updates include electrical and plumbing upgrades, remodeled restrooms, a resealed roof, a termite contract, and new HVAC installed in 2023, making it ready for someone to put their stamp on it for their new business venture(s). Plus, thanks to amended city codes, the 2nd Floor now holds potential to be converted into living space, enhancing its investment potential. This prime location places it at the heart of a burgeoning downtown area, with hopes of it evolving into an ecosystem encompassing café culture, artisanal marketplaces, and a bustling business district. Offered at $325,000.

Attachments

B-3 Zoning

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,256 SF
Building Class
B
Year Built
1945
Price
$354,399 CAD
Price Per SF
$27 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.98
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
CS - Commercial Services
Parking
18 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
66 ft on North 14th Avenue

Amenities

  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Regions Bank
Rent One Home Furnishings
  • Listing ID: 32388178

  • Date on Market: 2024-07-09

  • Last Updated:

  • Address: 117 N 14th Ave, Humboldt, TN 38343

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