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$325,000
305 Greenwave Dr, Ridgely, TN
Real Estate
For Sale
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0010
- Key Facts
- Description
- Map
Key Facts
Type Industrial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees
Taxes $889
Days Active 162
Approx. Age 1976
MLS® Number 2500669
Property Address:
Average square foot calculated using Size range provided by listing agent.
Description
This 21, 386 SF office/warehouse facility is situated on 3 acres in Ridgley, Tennessee, and is priced at $16.37 per square foot. Built in 1976, the property offers a solid structure and adaptable layout, making it suitable for a variety of business operations. The building was originally zoned M-1 for industrial use but was re-zoned to R-2 when it was used as a car museum with residential quarters. According to city officials, re-zoning it back to M-1 for industrial purposes is possible, providing flexibility for different types of businesses. The facility includes 3, 356 SF of finished office space and 18, 030 SF of open warehouse area. The office space features multiple private offices, half-baths, and a finished area that was previously used as an apartment. The apartment includes a full kitchen, living room, multiple rooms, bathrooms, and laundry hookups. This space can easily be repurposed for additional offices, a breakroom, or on-site staff accommodations. The warehouse is designed for efficient use with concrete floors, partial and full dividing walls, and plywood lining up to eight feet for durability. It has a 14-foot eave height. The warehouse is centrally heated and cooled, ensuring consistent climate control throughout the building. The property is accessible via a 30-foot ingress/egress easement on Greenwave Drive from Dillard Street. The exterior includes 17, 000 SF of asphalt and gravel parking, plus an additional 1, 500 SF gravel drive. There is also a 625 SF covered loading area, along with one 10' x 10' drive-thru door and one 10' x 10' dock door with a 25' x 25' loading well, making shipping and receiving operations seamless. The location offers convenient access to Reelfoot Lake State Park and Dyersburg Municipal Airport. State Routes 22, 78, 79, 181, and 21 provide direct connections to Jackson (75 miles) and Memphis (100 miles), supporting transportation and logistics needs. Historically, the property's M-1 zoning allowed for various industrial, commercial, and agricultural uses, including warehousing, manufacturing, automotive services, and professional offices. The area has potential for growth with the development of a new river port and increased economic activity. This property offers practical features, a convenient location, and zoning flexibility for businesses looking to expand or relocate. Schedule a private tour today to learn more.Show Description
MLS® Number2500669
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1976
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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