Warehouse with Large Paved Lot on Highway 41 N Springfield, TN 37172

4640 Highway 41 N, Springfield, TN

$995,000

Price

3,392 sqft

Building Size

3.1 acres

Lot Area

Overview
Building Size
3,392 sqft
Lot Area
3.1 acres
Occupancy
100%
Units
3
Year Built
1949
Floors
1
CeilingHeight
7
Description

Unique investment opportunity for prime location in the center of the blossoming Springfield, TN Arts & Entertainment District. Warehouse 4640 has already begun to make a name for itself among Springfield locals and entertainers offering the perfect jumping off point for the next huge chapter for the property and the city as they grow together. Since the late 1940's this property's 3,392 square foot arched-bow warehouse has served as an essential business and shipping hub. It has served the city and beyond pumping vitals goods and services along the transportation highways, and still does to this day. As the city of Springfield progresses, so do its residents and their needs for a sustainable live, work, play environment for their families. Warehouse 4640 can offer many new options with its expansive flat and level 3.1 acres as a creative canvas of development. The property is surrounded by municipal parks offering greenways, sports fields, fairgrounds, and trails connecting Warehouse 4640 to the recently annexed 200+ acres of rolling green pastures set for a new neighborhood development. The opportunity here is massive along with potential Public-Private partnership for park improvements, music venue, food trucks with commissary, breweries, food hall, outdoor theatre, and so many more.


Located one mile north of The Square in historic downtown Springfield, Warehouse 4640, this property offers incredible opportunity for continued operations or redevelopment options based on its location and size. Warehouse 4640 abuts American Legion Park directly next to a public baseball/softball field along with the 4-mile Springfield Greenway winding behind the property and connecting the historic district to the business district. Across Memorial Blvd from the property is Robertson County Fairgrounds which is home to weekly Farmers Markets, monthly Rodeos and other shows in the summer, and the annual Robertson County Fair that draws crowds from across the county and beyond. Due to the quality of life and superb cost of living that Springfield, TN offers, combined with a short 30-mile commute to Downtown Nashville, it is drawing more and more people to the area. So much in fact that over 200 acres directly across from Warehouse 4640 along Blackwood road has been annexed by the city and is planned for an immaculate multi-phase new residential living community, enhancing and connecting the surrounding area even more. Warehouse 4640 is in the epicenter of the newly emerging Springfield Sports, Art, and Entertainment District and could be used as a centerpiece for the entire community to use and be proud of.


3.1 Acres
3,392 SF can be split into 3 units
Built in 1949 - Newly Renovated
3 dock doors | 1 drive-in door
367 Ft Road Frontage
Surrounded with local amenities
Prime commercial development location with several residential projects planned in the area
Potential for Public-Private partnerships on municipal land improvements to surrounding Parks system
Current Trucking Business Also Available for Separate Acquisition or Jointly with Property. Contact Listing Brokers for Additional Information


Location