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In-PersonVirtual Tour
$ 1,000,000
Est. payment | /mo
1,050 SqFt
$ 1,000,000
Est. payment | /mo
1,050 SqFt
Key Details
Property Type Commercial
Sub Type Other Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $952
Subdivision Cookeville Sw, Tn
MLS Listing ID 247389
Year Built 1979
Annual Tax Amount $8,326
Lot Size 3.180 Acres
Property Sub-Type Other Commercial
Property Description
3.18 acres COMMERCIAL ACRES + 56-unit multifamily entitlement/pre-approval + PRIME Cookeville location + existing utilities/infrastructure + W. Spring Street visibility, NEAR TTU & HOSPITAL 3.18 ACRES | PRE-APPROVED FOR 56 MULTIFAMILY UNITS | COOKEVILLE, TN DEVELOPERS & INVESTORS — this is the kind of site that can save you time before construction ever begins. 405 W. Spring Street in Cookeville, Tennessee IS A 3.18 ACRE CG ZONED Redevelopment property, pre-approved for UP TO 56 residential multifamily units, creating an exceptional opportunity for a developer, builder, multifamily investor or investment group looking for a substantial project in the heart of Cookeville. The site sits along the highly visible W. Spring Street/TN-24 corridor with established commercial development surrounding it and convenient access to Cookeville's major employment, education, medical, retail, majot highways and service destinations, as well as easy commute to Nashville, Knoxville and Chattanooga airports. This property DEFINITELY deserves a closer look: **? 3.18 acres in Cookeville** **? Pre-approved for 56 multifamily residential units** **? $17,857 land cost per potential unit **? Water and sewer infrastructure available** **? High-visibility W. Spring Street location** **? Near Tennessee Tech University** **? Convenient to Cookeville Regional Medical Center** **? Surrounded by established retail, restaurants, services and employment** **? Potential alternative concepts may include apartments, condominiums or townhomes, subject to applicable approvals** EXISTING OFFICE HAS 4 offices and a conference room, WHICH IS VACANT, EASY SHOW!
Location
State TN
County Putnam
Area Cookeville Sw, Tn
Zoning CG
Exterior
Utilities Available Natural Gas Available, Electricity Connected
View Y/N No
Water Access Desc Public,City
Roof Type Composition
Garage No
Building
Water Public, City
Others
Acceptable Financing 94c6108caca6c490fd1a3eff9ea7945e
Listing Terms 94c6108caca6c490fd1a3eff9ea7945e
Virtual Tour https://earth.google.com/earth/d/1vANy3Rv7f-65j-jeEDbWz1xBJVLbYaM5?usp=sharing
Listed by First Realty Company
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