3779 Main St Pikeville TN

3779 Main St Pikeville, TN 37367

3779 Main St, Pikeville, TN, 37367
2 buildings, 1.22 acre, billboard sign, excellent visibility!
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FOR SALE
Property Type:
Street Retail
Amount:
$530,000
Last Verified:
Sep 20, 2024

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Highlights

  • List Price $530,000.
  • 1.22 acres of a prime location corner lot visible from two major roads going through Pikeville, TN.
  • 2 Buildings, one 5,134 sqft. the other 3,534 sqft.
  • One building is perfect for auto repair or tire shop and 2-3 other retail shops, the other

Description

List Price is $530,000 for the following: The sale includes a triangular piece of land (1.22 acre) at the corner of 3779 Main Street, also know as Highway 28 and route/Bypass 127, a very high profile property as cars travel from east to west through Pikeville, Tennessee. The property includes two separate one story buildings, one 3,534 square feet currently used as a retail store, the second building approximately 5,134 square feet that is a auto mechanic/tire shop with overhead bay doors and two walled off retail areas. There is also a professional billboard located on the property that brings in monthly passive rental income.

On the corner of 3779 Main Street and back side of property facing Bypass 127 in Pikeville, TN. 37367, Bledso County.


Year Built: 1960
Building Size: 8668sq ft
Lot Size: 1.22 acres

Map of 3779 Main St, Pikeville, TN, 37367

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.