215 S WASHINGTON ST, Ripley, TN 38063
Commercial property · Lauderdale County
Key Facts
Description
Knock-knock. Who's there? Opportunity! Well, come on in and let's make a deal. Priced below market value due to repairs needed but still a money maker at this price. The corner building has 1 current tenant ($400/month) and 2 vacant units in need of extensive repairs. Building 2 has a long-term tenant ($300/month). Building 3 has 3 current tenants ($800, $500, $300). Prospective buyers can walk the property and view exterior by appointment but showing of interiors limited to after offer is signed and accepted by all parties.
Property Information
Property Type
Commercial Sale
Year Built
1940
Stories
1
Days on Market
4
MLS® Listing#
10216355
Property Features
- Exterior:
- Lighting
- Appliances:
- Electric Water Heater
- Heating:
- Electric
- Flooring:
- Hardwood, Tile
- Basement:
- Walk-Out Access
- Parking:
- Gravel
- Lot Features:
- Corner Lot
- Foundation:
- Slab
- Roof:
- Composition, Shingle, Rolled/Hot Mop
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $4,576
- Parcel #:
- 076P D 023.00 076P D 021.00 076P D 020.01
Directions
Located on Washington St in downtown Ripley. 3 parcels total, no sign. Tenant occupied.
Affordability Calculator
$22,000
Estimated monthly payment
$585/mo
Principal $88,000 · Est. interest $122,768 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ripley, TN
- 81
- Median Days on Market
- 1,520
- Median Sq Ft
- $120
- Median Price / Sq Ft
- 58
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Ripley, TN.
Location
- 215 S WASHINGTON ST, Ripley, TN 38063
Nearby Schools
Ripley Primary School
Elementary · 0.2 mi away
Ripley High School
Secondary · 0.6 mi away
Gateway Christian Schools
School · 0.8 mi away
Ripley Elementary
Elementary · 1.5 mi away
Ripley Middle School
Secondary · 1.5 mi away
Ripley Primary School
Elementary · 1.7 mi away
Halls Junior High School
Secondary · 11.9 mi away
Halls Elementary School
Elementary · 12.1 mi away
Frazier School
School · 13.5 mi away
Covington High School
Secondary · 14.5 mi away
Crestview Elementary School
Elementary · 15.2 mi away
Crestview Middle School
Secondary · 15.2 mi away
Tipton Christian Academy
School · 15.5 mi away
Haywood Middle School
Elementary · 17.7 mi away
Holice Powell Elementary
Elementary · 17.7 mi away
Haywood Elementary School
Elementary · 17.9 mi away
Brownsville Head Start
School · 18.0 mi away
Anderson Early Childhood
School · 18.2 mi away
Crockett Christian School
School · 18.4 mi away
Methodist Day School
School · 18.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Ripley
Listing Courtesy: Unique Properties - 7316353660