198 Ellis Spring City, TN ^$ 245,000

198 Ellis

^$ 245,000

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Recently Listed

198 Ellis

Spring City, TN, 37381

^$ 245,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 1,711

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Studio

Commercial Property for sale in Spring City, TN

for $245,000. This 2,000 square foot building was built in 1973 on a lot size of 0.13.

Commercial opportunity PLUS rental income!! This is a newly updated commercial space which includes 3 offices, conference area, kitchen and half bath, and the seller is including a brand new keyless entry system with purchase. This property also has a duplex with 1 bedroom/1 bath units that are on a slab and stay consistently rented. Located so close to downtown Spring City, this is a great investment opportunity with multiple options!

Commercial Active

Price

^$ 245,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Mixed Use

Lot Size

0.13

Year Built

1973

Town/City

Spring City

County/Region

Rhea

MLS | Web ID

2642719

Features

General

Possession Negotiable

Roof Metal

Zoning Multi Use

Year Built 1973

Property SubType Mixed Use

County Rhea County TN

Property Type Commercial Sale

Status Active

Directions From downtown Spring City head south on Hwy 27. Take a left on Ellis St. Property on right.

City Spring City

Waterfront Y/N N

Street Name Ellis

Building Area Units Square Feet

Standard Status Active

Total Actual Rent 0

Exterior

Total Parking 0

Lot Size Area 0.13

Building Area Total 2000

Lot Size Acres 0.13

Lot Size Units Acres

Covered Spaces 0

Interior

Air Conditioning Y/N N

Heating Y/N N

Internal Only

Street Number 1 198

* Excluded Features

List By

Simplihom

Broker

stumbosells@gmail.com

Affordability Calculator

$1,711

Per Month

Monthly Principal & Interest: $1,711
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Spring City, TN

Average List Price ^$290,000

Percent of Sale Price 18%

About Spring City, TN

9,180 Population

4% Since 2002

^$40,049 Median Income

47.8 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

245588 Elementary School

245705 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/14/2024	$245,000		Listed Price

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198 Ellis, Spring City, TN, 37381 is a Commercial Property for sale at $245,000 with 2,000 sqft and a lot size of 0.13. 198 Ellis is a studio with 0.0 baths and was built in 1973. The property's zip code is 37381 which is in Spring City, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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198 Ellis

Commercial Property for sale in Spring City, TN

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