Monday, April 27, 2009

restaurant bldg - 144 Highway 72 collierville

Restaurant bldg for sale that used to be Los Compadres mexican restaurant. Agent is Nancy Thompson (292-9180 cell). She is with Crye-Leike commercial. Restaurant is approx 2372 sq ft and seats 90 people. Asking price is $347,750 which is about $146.60 per foot. New floors new roof, 2 bathrooms. Zoned GC. On same tax parcel with Sunset Inn but will divide when it sells. The entire parcel is about 2.2 acres. Mexican restaurant was paying $3800 per month.

Thursday, April 16, 2009

Oakland land

On East side of Oakland - 9.42 acres on north side of 64 zoned B1 according to owner Steve (Effers ??) (901-371-8781). He did not have a price exactly but said that he had quoted $6 per foot to the last guy who had asked about buying the whole thing. Steve also has 3 acres next to 9.42 acres, but I don't know whether east or west.

2.45 acres (195 x 521) at corner of 64 and Mack Edwards. Zoned commercial. Price is $7 per foot. Mike 870-0387. Number on sign 870-1886.

69+ acres at 64 and Donelson on North side on West side of Oakland. Talked to Will Bowling (237-2606). Fayette Realty 465-6560. Price is $1.9 million for whole thing. That's about $27,536 per acre. 13 acres of the 69 is on corner and is zoned commercial. Will said that commercial proeprty recently sold across the street (Donelson??) for $35,000 per acre.

Jeff Jenkins (office 758-2728 cell 581-5333) of Renaissance Realty had nice looking strip center on North side of 64 before you get to Hickory Withe. He has commercial property on south side of 64 on west side of Oakland. Property is on top of hill just west of Fred's and Olympic steakhouse. This property is not really for sale. Home Depot was looking at it before economic downturn. It is 30 or 40 acres with probably 1000 feet of frontage on 64. Jeff said he has 4 acres for sale for $8 per foot with a 50 foot wide access to 64. This piece is between Sonic and Autozone.

A Alpha Self Storage on South side of 64 in Oakland. 465-8000. 10 x 10 $55 per month. 10 x 15 $75 per month. NOT climate controlled.

Wednesday, April 8, 2009

4.05 acres in Moscow TN

Mary Ann Tapp (cell 573-2832) has this land listed in Moscow. She said has 200 feet of frontage on highway 57 (Poplar) on South side. Zoned commercial. Price is $120,000. $29,630 per acre. She will send me a plot plan.

On North side of HWY 57 she has a lot that is 0.69 acres and is priced at $50,000

380 Industrial Park drive in Moscow

Jim Gannaway told me about this Metal commercial building in Moscow. 14,400 sq ft priced at $435,000. Across the street from Glassteel. $30.21 per foot. Owned by bank.

Jim thinks you might buy this building for down in the 300,000s rather than $435,000. He says you might lease it for $5 to $6 per foot. That sounds high to me.