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  • 2.74 ACRES
  • - Commercial For Sale

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Description for 3165 Forest Hill-Irene Rd MLS# 10055073

Great restaurant or redevelopement site. The new Germantown Elementary School to be built across the street from this site. 2.744 Acres with a 8,750 SF restaurant (Mesquite Chop House). Built in 1981 and has been updated as of September, 2012 including a new roof in August, 2012. Added a new 15 ton AC - 2018. The restaurant lease may be bought out for a user who wants to occupy the building or to raze it for development.

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • Style
    Commercial
  • Number of Stories
    1
  • Year Built
    1981
  • County
    Shelby
  • Subdivision
    Pt Ceres Land Corp Site Plan
  • Approx. Lot Size
    119566 SF 2.74 AC
  • Approx. Acreage*
    2.74
  • Price
    $1,799,000

Additional Details

Construction
Good Condition
Foundation
Slab
Location
Corner,Free Standing,City
Miscellaneous
Security System,Rest Rooms
Num Of Buildings
1
Numof Restrooms
2
Parking Facility
Asphalt/Blacktop,76 or More Spaces
Truck Loading Door Height
No Truck Door
Type Usage
Retail,Food Service
Annual City Tax
9412
Annual County Tax
21312
Tenant Pays
All Utilities,Heat,Water/Sewer,Electricity,Outside Lighting,Janitorial Services,Common Area Maintenance,Trash Removal,Inside Repairs
Average Ceiling Height
11-12.9 Feet
Floors
Hardwood
Roof
Built-Up

Lot

Road Frontage
City Street
Cooling System
Central Cooling,Electric Cooling
Heating System
Central
Hot Water
Gas Hot Water

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Market Research


 

Germantown Commercial Values

Average List Price:
$1,094,667
Average Sold Price:
$530,000
Average Price per SQFT:
(N/A)
Average Days on Market:
186
Number of Properties for Sale:
3,955
Vs.

This Property

List Price:
$1,799,000
Approx. Price per SQFT:
N/A
Days on Website:
192 (Jun 01, 2019)

Pricing Considerations

List Price:
$1,799,000
Annual City Tax:
9412
Annual County Tax:
21312
Tenant Pays:
AllUtilities,Heat,Water/Sewer,Electricity,OutsideLighting,JanitorialServices,CommonAreaMaintenance,TrashRemoval,InsideRepairs

Get More Information

Hi, Are you curious about this property? Contact us with any questions.

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