1470 S Jefferson Ave, Cookeville, TN 38506

$1,700,000

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List Price
$1,700,000
Status
ACTIVE
MLS#
3242404
Acres
2.79
Year Built
1950

Property Description

What a fantastic investment opportunity! This property boasts one of the best locations around and is just over 1/2 mile from I40 and 1.5 miles to Hwy 111. S Jefferson Ave. is a major artery into Cookeville. With 2.79 acres, this property is zoned General Commercial which opens the property up to a host of business uses. (Storage Units, Rental Properties, Medical/Dental, restaurant, boat dealership and more!) S Jefferson is currently being widened, which will make it a 5-lane road which currently sees approximately 20,000 cars a day pass by. Two Parcels: 1470 address 1.68 acres, 1490 address 1.11 acres. Buyer to verify all information. Mule hide roof, electric, water, gas, and equipment were all inspected in Oct 2024 and in appropriate working condition and necessary repairs were made to items found in need of repairs. Entrances on North Side of property are on a private drive that has been used for over 40 years. This is a perfect spot for a new business, expanding a current business, and a 1031 opportunity. Sold AS IS/WHERE IS. Call and take a look today!

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Office: THE REAL ESTATE COLLECTIVE |

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