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Liberty Square 201-207 E Lafayette St

26,651 SF 100% Leased Office Building Jackson, TN 38301 $6,954,108 CAD ($261 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • 29,651 SF historic building
  • 3 Commercial Units
  • Opportunity Zone
  • Built in 1920
  • 10 Residential Units

Executive Summary

Discover an exceptional investment opportunity in the thriving retail scene of Jackson, TN. This beautifully renovated 29,651 SF building, originally built in 1920, features three commercial units and ten residential units, offering four distinct spaces, each with significant potential for retail and lifestyle ventures. With a remarkable 100% occupancy rate, this property stands as a model of stability and income generation. Its blend of historic charm and modern amenities creates an inviting environment for retailers and lifestyle businesses. With an emphasis on lasting appeal and strong rental income, this property represents an attractive investment for those looking to enter Jackson's growing market.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
26,651 SF
Building Class
C
Year Built/Renovated
1920/1969
Price
$6,954,108 CAD
Price Per SF
$261 CAD
Cap Rate
7.50%
NOI
$521,558 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,884 SF
Building FAR
2.96
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
CS - Commercial services zoning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 205
  • 4,000 SF
  • Office
  • Full Build-Out
  • Jan 2025
Space Size Space Use Condition Available
1st Fl-Ste 205 4,000 SF Office Full Build-Out Jan 2025

1st Fl-Ste 205

Size
4,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078P-N-008.00
Land Assessment
$23,912 CAD
Improvements Assessment
$641,392 CAD
Total Assessment
$665,304 CAD
  • Listing ID: 33870192

  • Date on Market: 2024-11-14

  • Last Updated:

  • Address: 201-207 E Lafayette St, Jackson, TN 38301

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