Remarks

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.

Details

MLS#: 2500669
Price: $325,000

Style: Industrial
Sq Ft: 21386
Year Built: 1976

County: Lake
Lot Size: 321 x 451
Tax Fee: 889