118 N Church St | 118 N Church St
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118 N Church St 118 N Church St
45,000 SF 100% Leased Office Building Jackson, TN 38301 £1,382,517 (£31/SF)
Investment Highlights
- Walking Distance to Restaurants, The Lift, City and County Courthouse, The Ned and much more.
- One of Jackson's Historic Downtown Buildings Built in 1905
- 36,000 Square Feet of Office Space ready for cosmetic facelift and or Redevelopment for a portion.
- Basement area Storage and Mechanical
- Located in Central Business District Opportunity Zone
Executive Summary
Historic Office Building Built in 1905 Located in Central Business District. One of a Kind Historic Opportunity for Owner occupant - Investor - Redevelopment, Centrally Located. Be a part of Downtown Jackson's Renaissance - walking distance to Lift Area, Entertainment, Retail, Restaurant, Loft Apartments, Arts, and More. Located in an opportunity zone in the Central Business District of Jackson. Occupied Area: 1st FL, Ste:201 on 2nd and 4th. Floor. 2nd and 3rd Floor ready for Interior updates with growth potential for Retail (Redevelopment of 1st Floor) - Office, Loft Apartments, and much more. Each floor has its own Bathrooms. 2 Elevators, upgraded Electrical and HVAC with each floor's own mechanical Room. Public Parking. Deed Restrictions will apply.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
45,000 SF
Building Class
B
Year Built
1905
Price
£1,382,517
Price Per SF
£31
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
9,000 SF
Building FAR
4.92
Land Acres
0.21 AC
Opportunity Zone
Yes
Zoning
B-3 - Historical, B-3 Downtown Commercial Zone. Potential for Office, Loft Apartments, Retail, Restaurants, Creative area, etc.
Amenities
- Basement
- Central Heating
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Byrd and Byrd Attornies 4th Floor
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Derrick Britt STE 201
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
- -
- NAACP 1st Floor
- Public Administration
-
99,999 SF
- -
-
Lorem Ipsum
- -
- West Tn Fair 4th Floor
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Byrd and Byrd Attornies 4th Floor | Service type | 99,999 SF | - | Lorem Ipsum | - | |
| Derrick Britt STE 201 | Service type | 99,999 SF | - | Lorem Ipsum | - | |
| NAACP 1st Floor | Public Administration | 99,999 SF | - | Lorem Ipsum | - | |
| West Tn Fair 4th Floor | Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | - |
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PROPERTY TAXES
| Parcel Number | 078P-P-014.00 | Improvements Assessment | £367,892 |
| Land Assessment | £11,629 | Total Assessment | £379,521 |
PROPERTY TAXES
Parcel Number
078P-P-014.00
Land Assessment
£11,629
Improvements Assessment
£367,892
Total Assessment
£379,521
-
Chris Carothers -
Hickman Realty Group, Inc. Commercial Div.
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118 N Church St | 118 N Church St
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