16295 US 64 HWY

Somerville, TN
$ 485,000 Beds 0 Baths 4
Monthly Estimate* How much can I afford?

Excellent location with high visibility. This property has great potential for more income. Properties are located in a prime area on main highway, very visible to potential clients and customers. There are 3 separate buildings (4 businesses) - Western apparel store, a small motor repair business, Harley Davidson Repair, Studio Apartment, and Restoration shop. Plenty of space for parking. So much income potential. Month to month leases.

Commercial

  • Price
  • $ 485,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 4
  • Year Built
  • 1976
  • Half Bathrooms
  • 0
  • City, Zip
  • Somerville
  • Taxes
  • $ 14000
  • County
  • FAYETTE
  • Style
  • Auto Service,Office,Retail
  • Area
  • Fayette - South
  • MLS#
  • 10080638
  • Zip
  • 38068
Listing Provided by: BEST Real Estate Company
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 6550
City Somerville
Class Commercial/Industrial
Legal Subdivision Name Commercial
Listing Area Fayette - South
Road Frontage US Highway
Roof Composition Shingles
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1976
Zoning comm

Interior Features

Cooling System Central Cooling
Floors Tile
Heating Central
Hot Water Electric Hot Water
Offices 3
Restrooms 4

Exterior Features

Sale Includes Building and Land
Foundation Slab
Lot Size 43560
Number of Buildings 3
Parking Facility 16-30 Spaces, Asphalt/Blacktop, Attached

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/15/2020 Listed $635,000
7/6/2021 24% - $485,000

Property vs Zip Code Average in 38068

Price
AVG $250K
$490K
Taxes
AVG $2,763
$14,000
Visits
AVG 182
146
Year Built
AVG 1986
1976
Walkscore
AVG 30
34
Data Provided by Walkscore ® not using MLS data

Map

16295 US 64 HWY Somerville, TN is a Single Family Home for sale at $485000 and a lot size of Acre(s). 16295 US 64 HWY Somerville has 0 bedrooms, 4 baths and was built in 1976. The property's zip code is 38068 which is in Somerville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.