215 S 1st Street

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215 S 1st Street

Union City, TN 38261
Asking Price
$185K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The mixed-use property is located at 215 S 1st Street.
  • This commercial building offers a total of 4,375 square feet.
  • The asset is listed for sale at an asking price of $185,000.
  • The layout is categorized under the traditional office building sub-type.
  • Union City functions as a commercial center for the surrounding region.

What's Special

Priced at $185,000, this 4,375 square foot mixed-use property at 215 S 1st Street presents a versatile asset in Union City, Tennessee. The building features a traditional office sub-type layout, well-suited for professional services, local businesses, or creative office tenants. Its positioning in the heart of the city provides accessibility to established commercial corridors and local infrastructure, making it an efficient choice for investors or owner-occupants looking to establish a foothold in this growing West Tennessee submarket. Union City serves as a regional hub for industry and commerce, benefiting from its connectivity to major transit routes in the Obion County area. The property offers enough square footage to support a variety of operational configurations. Businesses seeking a centrally located office space will find the building's footprint adaptable to their specific requirements. This asset represents a functional addition to a commercial portfolio in a market characterized by consistent demand for professional and mixed-use environments.

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NOI
$80,000
Cap Rate
43.24%
DSCR
7.28
Strong
Cash-on-Cash
124.35%
Monthly Payment
$915.279
Annual Cash Flow
$69,016.651

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