Estimated payment $3,583/month
About This Home
Built in 1900 this 6400 square foot building was given a total update including everything from the roof to electrical creating a home for New Life Fitness. In its current state it is ready and waiting for someone who wants to offer a total gym experience serving a county of over 51,000 population. The 43x57 main level with rubber flooring is ready for cardio and weight training equipment. There are also 2 bathrooms and office/storage space on this level. The second level is split between 2 spaces with one having turf flooring. It was formerly used for MMA and karate. Here there are 2 additional bathrooms, break room and storage. But, for someone looking for an ideal retail or office space in the heart of town just steps from the city offices, some minor build out is all that is needed. Located in Milan, TN, with the largest industrial base in the county and a short distance to I40, options are endless. Available for lease or owner financing!
Listing Agent
Premier Realty Group of West Tennessee LLC Brokerage Phone: 7316426165 License #299489 Listed on: 03/24/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,428
Year Built
- Built in 1900
Lot Details
- 3,157 Sq Ft Lot
- Lot Dimensions are 74.8 x 42.2
Home Design
- 6,400 Sq Ft Home
- Brick Exterior Construction
Parking
- On-Street Parking
- Open Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Three-Phase Power
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 010.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,427 | $40,560 | $8,000 | $32,560 |
| 2023 | $844 | $25,880 | $7,560 | $18,320 |
| 2022 | $826 | $25,880 | $7,560 | $18,320 |
| 2021 | $844 | $25,880 | $7,560 | $18,320 |
| 2020 | $1,259 | $25,880 | $7,560 | $18,320 |
| 2019 | $1,259 | $25,880 | $7,560 | $18,320 |
| 2018 | $1,153 | $25,640 | $7,200 | $18,440 |
| 2017 | $1,140 | $25,640 | $7,200 | $18,440 |
| 2016 | $1,140 | $25,640 | $7,200 | $18,440 |
| 2015 | $1,093 | $25,640 | $7,200 | $18,440 |
| 2014 | $1,093 | $25,640 | $7,200 | $18,440 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | For Sale | $650,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $45,000 | -- | |
| Warranty Deed | $45,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Commercial |
Source: Tennessee Valley Association of REALTORS®
MLS Number: 133892
APN: 140C-P-010.00
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