$949,000

1223 Hatcher Ln, Columbia, TN 38401

  • 3,354 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $283/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Discover a smart investment in the heart of historic Columbia, Tennessee. This 3,400 sq ft commercial building, set on a quarter-acre lot, is an exceptional opportunity for investors seeking stability and growth. The property boasts three units, currently occupied by two reliable medical tenants, with two units thoughtfully combined to accommodate one practice. Benefit from current annual rents exceeding $50,000, with clear potential to increase your return to a desirable 7-10% cap rate. Please arrange showings through the listing agent. To ensure a smooth experience for the existing medical practices, appointments outside of regular business hours are preferred.

Listing Status:
Active
Date Added:
July 29, 2025 at 05:00AM
Listing Office:
McEwen Group : 9316988069
Listing Agent:
Gary Baucom : 9316988069
MLS ID:
2963417
  • A/C: None
  • Heating: None

This listing courtesy of Gary Baucom, McEwen Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highland Park Elementary School

1606 Highland Ave, Columbia, TN, 38401

Grades PK-4

0.94 miles away

V

Virtual Academy of Maury County

1101 Bridge St, Columbia, TN, 38401

Grades 7-12

1.63 miles away

C

Columbia Central High School

921 Lion Pkwy, Columbia, TN, 38401

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.