Beau Beach, MBA CCIM presents:
$125,000 price reduction to ensure a timely sale.
402-410 N Spring Street in Sparta, TN is a 5 suite retail center with undeniable character. Ample parking (5.3/1,000 SF) on the .57 acre parcel of land.
Absentee, out of area owner who inherited the property. Sold as-is. Priced at just 40% of replacement cost to ensure a timely sale!
Seller Financing
Avoid all the bank headaches! For qualified buyers, seller will provide Seller Financing. Choose the option that makes the most sense for your situation:
| Down Pmt % | Interest Rate | Loan Term | Personal Guarantee | Interest Only |
| 20% | 5% | 2 | Yes | Yes |
| 15% | 6% | 2 | Yes | Yes |
| 10% | 7.50% | 2 | Yes | Yes |
Add value with hands-on management
Buy this property with cash or seller financing, fill the vacant units and create cash flow plus considerable equity for yourself.
5 total storefronts. Each storefront includes 2 bathrooms, utility room, front and back entrance, seperate HVAC. Built in 1999. Most restrooms were updated in 2021. Prominent pylon signage.
Zoned C-D which is intended for retail uses. Click here for the complete zoning details.
Great location
Located on Sparta’s “main street”. Situated between the local hospital, high school, middle school and the Rolling Acres neighborhood. Adjacent sister building is occupied by Wellspring Family Chiropractic. Daily traffic count exceeds 7,000 vehicles per day.
Financial Snapshot
Contact us to receive the confidential Financial Snapshot which shows current revenue and expenses. 3 of 5 storefronts are vacant. Building can be delivered fully vacant.
Buyer to receive $5,000 Convenience Credit
Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction. We must prepare all the paperwork.
Priced to ensure a timely sale! This well priced property won’t last long.
- Price: $774,000 ($128/SF)
- Area: .57 Acre
- Phone Number: 615-200-9330
- Space (s.f.): 6,024 SF