104 Webster St, Madison, TN 37115

19,320 SF | Industrial Building | Madison, TN 37115 | $3,600,000 ($186/SF)

Asking Price $3,600,000

Property Type
Industrial
Price / Square Foot
$186

Listing Contacts

  • Property Info

Property Overview

Main Building at 104-108 W Webster has a 19,320 SF Warehouse/Office building on 1.54 acres with a large adjacent vacant lot (grass). The Main Warehouse on the southside of W Webster Street is 19,320 SF freespan 70’x276’ metal and block building has 1 DRIVE-IN rollup door (13’ tall x 16’ wide) and a 1 DOCK DOOR (11.5’tall x12.5’wide). The Clear Height is at least 15’ inside and 16’+ at peak. (Note The office entrance door on the East side of the Main Office Warehouse building used to be a DOCK and was converted to office space, so it can be converted back to a second 2nd dock again if needed.) Currently 1/3 is built out as Office space, but can be easily converted back to ALL warehouse space. Building is above and clear of the floodplain.
Asking $14 PSF NNN or $270,480 per year NNN (tenant pays property taxes and fire insurance).
Or Possible SALE for $3.60 million.
LINK TO INTERIOR PHOTOS OF MAIN WAREHOUSE/OFFICE:
https://www.dropbox.com/sh/0lcie6pc7j8e50h/AABAyz6YcnkeXFlkqVQZCTEYa?dl=0

Property Details

Class
C
Year Built
1974
Stories
1
Property Subtype
Distribution, Service
Lot Size (sq. ft)
67,082 SF

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