$159,000
Sold

1429 Turnpike Rd

Summertown, TN 38483
480 sqft | 1.97 acres | #2488844
Listing OfficeColdwell Banker Southern Realty
Type:Purchase
Structure:Land
Zone:Commercial

Description

**IMMEDIATE INCOME POTENTIAL**a communication tower lease is in place ** A cell tower will be placed on this property. It will only take up approximately 400 sq ft( 20x20 ) THE LEASING COMPANY WILL PAY OWNER $700/mth FOR 33 YEARS AND THE PAYMENT WILL INCREASE 3%EVERY YEAR. That’s basically like getting a free business opportunity to make this place the business you’ve always dreamed of!! Located on the heavily traveled Turnpike (Hwy 240). Includes 1+ acre open lot beside a 24x20 metal building. This is a huge business opportunity for the fast-growing Summertown area. The long-term communications company lease provides significant income possibilities without interfering with the commercial possibilities. Call for more details

Location

Mack Meeks | Century 21 Prestige MonteagleReal Estate Group