About 113 S Washington Avenue
Prime business opportunity in downtown Henderson! This vintage store front property, located near Freed-Hardeman University, includes three buildings with separate addresses being sold together as one. The property’s prime location offers high visibility and foot traffic, making it perfect for a variety of businesses such as retail shops, restaurants, and coffee shops. The buildings feature versatile spaces that blend historic, industrial charm, and modern amenities with room to grow. Specifically, 111 S.Washington is ideal for multiple office space or studio for parties and celebrations, 113 S. Washington is perfect for a coffeehouse or restaurant. It also has a drive through & a private courtyard. Additional upstairs space exist for storage, apartment & large meeting room. New roof was installed in 2023 for both 111 & 113, 3-1/2 baths downstairs, 1 full bath upstairs. 119 S. Washington is a storage unit business that currently offers units for rent and its creative space also serves as a private courtyard & venue for events and live music. This is a unique chance to own a well-located, versatile property in a vibrant area. Don’t miss the opportunity to have a thriving business in these prime locations! *Furniture and Kitchen equipment are negotiable* 34 storage units: $54, $73, or $108 per unit The property includes 34 storage units, generating $2,296 in monthly income when fully occupied. Here’s the breakdown of potential rental income when all units are occupied: - **19 units (5x10) at $54 each:** $1,026 - **10 units (10x10) at $73 each:** $730 - **5 units (5x20) at $108 each:** $540 This setup presents a solid income opportunity with room for growth, especially if more consistent tenants are secured.
Features of 113 S Washington Avenue
MLS® # | 245125 |
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Price | $789,900 |
Bathrooms | 0.00 |
Square Footage | 8,473 |
Acres | 0.33 |
Year Built | 1900 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 113 S Washington Avenue |
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City | Henderson |
County | Chester |
State | TN |
Zip Code | 38340 |
Amenities
Utilities | Cable Connected, Electricity Connected, Fiber Optic Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
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Parking Spaces | 10 |
Is Waterfront | No |
Interior
Heating | Central |
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Cooling | Central Air |
Fireplace | No |
# of Stories | 2.0 |
Exterior
Roof | Flat |
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Construction | Brick, See Remarks |
Foundation | Slab |
Additional Information
Short Sale | No |
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RE / Bank Owned | No |
Listing Details
Agent | Hector I Lagares |
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Office | Nest Realty |