4.3 Acres of Improved Commercial Land for Sale in Burlison, Tennessee
10880 Tn-59 Hwy, Burlison, TN 38015
This is an opportunity to buy a versatile property in the Memphis MSA. The facility has been most recently utilized as a faith-based drug & alcohol rehabilitation center for nearly fifteen years. The facility has two buildings. The first building was built in 1969 as a school and has just shy of 14,000 square feet of finished space. There are currently twelve rooms that can house three guests each on one side of the main hallway. The other side of the hallway houses meeting rooms, the commercial kitchen, and the recreation room. There are multiple HVAC systems that have been well maintained. The second building is newer and offers a full-sized gymnasium. This second building has 5,649 square feet. The age of this building was not denoted in the county records. The facility has been exempt from property taxes due to its status as a religious institution. This facility treated almost 40 guests at a time for a number of years. During and post covid they cut down the number to around 15 guests as a personal choice. The head of this program is in his mid-80's and he found 15-guests to be about the right number for this stage of his life. This facility was partially funded by a thrift store that they operated just north of the facility around 1/2 mile away. This facility is also for sale for $200,000. The thrift store has 4,484 sq ft available.
Directions
TN59 between Gilt Edge and Burlison. West side of the road.
Property details
- County
- Tipton County
- Elevation
- 276 feet
- MLS Number
- MRED 11919089
- Date Listed
Parcels
- 037-058.00
Detailed attributes
Listing
- Type
- Commercial
Structure
- Cooling
- Central A/C
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 28, 2023 | New listing | $1,100,000 | — | MRED |